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East Midlands
£200,000
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 house is listed at a guide price of £200,000, which is notably cheap at £242/sqf compared to the local average of £295/sqf. This presents a compelling opportunity to acquire a property in a good location with potential for renovation. The absence of an onward chain simplifies the purchase process, making it even more appealing for buyers looking to invest in a project.
However, the property is in a dated condition and requires substantial refurbishment throughout, including the living room, bedrooms, kitchen, and bathroom. The overall renovation costs are estimated to range from £40,000 to £120,000, which, when added to the purchase price, makes the all-in costs tight against local benchmarks. While the project scale is medium, this presents a chance for a buyer to transform the house to their own taste and standards. With some vision and effort, this property could be turned into a desirable home or rental investment.
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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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