
South East
£195,000
Listed on 04/09/2026
Listed on 04/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
At £195,000, this is priced well below the local £/sqf benchmark, making the acquisition price a clear strength. The opportunity is a consented plot in Locks Heath, with drawings for a detached three-bedroom home of over 2,000 sq ft; it offers scope to create a contemporary family house rather than renovate an existing one. The plot is densely overgrown, so clearance and site preparation are part of the project, and the planning consent and its conditions should be checked before proceeding.
The overall score is a weaker 57/100: the attractive price and strong fundamentals are offset by the scale of delivering a new build and limited renovation-economics data. This is a substantial build programme, not a cosmetic project.
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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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