
East Midlands
£480,000
Listed on 10/10/2026
Listed on 10/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This substantial four-bedroom detached house offers a strong canvas for a family-home refresh: the interiors are usable but dated, with scope to update decoration and flooring and rework the kitchen and bathrooms to suit a more contemporary style. The enclosed garden, walled frontage, driveway and detached double garage add useful appeal, while the listing also describes extension potential, subject to feasibility and planning.
At £480,000, the asking price is about 5% below the local average per square foot, which supports the opportunity. The £30,000–£55,000 renovation range makes this a medium-scale project; the main specific repair item is the brick outbuildings, which the listing says are not watertight and need work. The calculated purchase-plus-midpoint-renovation figure is slightly above the implied current local average value, so the numbers call for careful budgeting rather than assuming a margin.
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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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