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East Midlands
£140,000
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 three-bedroom semi-detached property presents a compelling opportunity for buyers looking to acquire a home they can transform to their own taste. With an asking price of £140,000, the property is priced well below the local average at £129/sqf, offering an attractive entry point into the market. The spacious layout includes a lounge, kitchen, and a bathroom, along with three bedrooms, providing ample scope for modernization and improvement. The large enclosed rear garden also offers significant potential for landscaping, making it a great asset for families seeking outdoor space.
However, the property does require substantial renovation throughout. Visible signs of neglect are apparent in several areas, including worn carpets in the living room, outdated decor in the bedrooms, and dated kitchen and bathroom fixtures. With renovation estimates ranging from £100,000 to £150,000, all-in costs may stretch against local benchmarks for this floor area, suggesting that careful budgeting will be essential for a successful project. While the potential exists to create a comfortable family home, prospective buyers should be prepared for a full-gut renovation rather than a simple refresh.
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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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