Millfield Road, Metheringham, LN4
East Midlands
£175,000
Listed on 24/10/2026
Listed on 24/10/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
781 sqftFeatures
- Garden
Description
This three-bedroom semi-detached house offers 781 sq ft of accommodation, including a front-facing lounge and a kitchen/diner with access to the rear garden. The ground floor also has an entrance hall and under-stairs storage. Upstairs are three bedrooms and a family bathroom with a bath, wash basin and WC.
Outside, there is a lawned front garden with a path to the entrance, while the enclosed rear garden has a lawn and paved patio. The property is freehold and has an EPC rating of C. The listing describes it as requiring internal modernisation, giving buyers scope to update the existing accommodation to their requirements.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
57out of 100
Grade DWeak opportunity
Confidence: MEDIUM
This three-bedroom semi offers a straightforward canvas: the lounge and bedrooms look clean and recently decorated, while the older kitchen and bathroom finishes give scope to modernise to your taste. The enclosed rear garden also has room for a tidy-up, including the patio. The visible exterior appears generally intact, and the £8,500–£20,000 renovation range points to a light project rather than a full refurb.
At £175,000, it is priced around 6.8% below the local average per square foot, which is a positive for value. The overall opportunity is still weak (57/100, grade D): the estimated purchase price plus renovation midpoint is close to the implied current local average value, leaving limited headroom on that comparison before fees.
Key opportunities
- Update the dated kitchen finishes, with inspection to establish whether a refresh or replacement makes sense.
- Refresh the functional but dated bathroom to suit your style.
- Improve the enclosed garden with routine maintenance and patio weed removal.
Key risks
None recorded.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£661
Based on a loan of £131,250 over 30 years at 4.45% interest
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.
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