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East Midlands
£575,000
Listed on 09/10/2026
Listed on 09/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This Grade II listed former farmhouse presents a remarkable opportunity for those looking to create a unique family home. At an asking price of £575,000, the property is attractively priced at £180/sq.ft., significantly below the local average of £300/sq.ft., offering an exceptional value proposition for savvy buyers. The house boasts a generous 3,200 sq.ft. of internal space with the potential for up to five double bedrooms and several reception areas, making it ideal for a large family or for entertaining guests.
However, the property is in poor condition throughout, requiring extensive renovation to make it habitable. There is significant wear and damage observed, including peeling plaster and damaged flooring in the living areas, neglect in the bedrooms, and an overgrown garden. The exterior also shows visible deterioration. This is a heavy project that will demand a renovation budget in the range of £150,000 to £300,000. With its original character features intact, including period fireplaces and exposed beams, the home offers a blank canvas for someone with vision to restore it to its former glory. Although the scale of the renovation is considerable, the potential for creating a fantastic family home in a desirable village location makes this an intriguing investment opportunity.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Tax
Indicative tax based on the asking price and the options you select.
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