
South West
£165,000
Listed on 20/10/2026
Listed on 20/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This two-bedroom bungalow in Great Cheverell offers a useful light-refurb canvas, with dated finishes, worn or unfinished timber floors and a heavily overgrown enclosed garden to clear and reshape. The asking price of £165,000 is 11.6% below the local average per square foot, making it a comparatively cheap entry point; the basic kitchen and wet-room also offer scope for straightforward cosmetic improvement. The village setting and countryside walks add to the appeal.
The estimated works are £9,000–£18,000. At the renovation midpoint, the purchase plus works is £178,500 against an implied current local-average value of £186,665, so the margin is fairly modest before fees and other buying costs. Overall, this is a C-grade potential opportunity: the price and setting are attractive, but the economics leave limited headroom.
None recorded.
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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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