Gipsy Lane, Willenhall
West Midlands
£160,000Guide Price
Listed on 21/10/2026
Listed on 21/10/2026
The listing
Property details
Bedrooms
3Type
DetachedFeatures
- Garage
- Garden
- Parking
Description
Offered at auction, this three-bedroom detached house on Gypsy Lane is described as a full refurbishment project and is available to cash buyers. The ground floor has an entrance hall, a front lounge, a second reception room, a kitchen, a guest WC and a rear lean-to or utility area. Upstairs are three bedrooms and a family bathroom area.
Outside, the property has a front driveway, a garage and a private rear garden. The listing notes scope to improve the accommodation and garden, with any extension subject to the necessary permissions. The sale uses the Modern Method of Auction, with a 56-day reservation period and a non-refundable reservation fee; buyers should review the buyer information pack and auction terms before proceeding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
39out of 100
Grade ELow opportunity
Confidence: LOW
This detached three-bedroom house has the bones of a substantial project: two reception rooms, a broad frontage, driveway and garage, plus an enclosed rear garden with scope for a proper clear-out and landscaping. The listing describes a full refurbishment, but the supplied photos show only the exterior and garden, so the internal condition cannot be judged. The render is weathered and the garden heavily overgrown; the roof cannot be assessed closely from these views.
At £160,000, value against local £/sqf cannot yet be judged because the floor area is missing. That leaves the overall opportunity low at 39/100 (E), with limited economics and weak investability rather than a confirmed price premium. The sale is by modern method of auction; bidding can take the hammer above the guide price, so the eventual price may not stay at this level.
Key opportunities
- Use the two reception rooms and described layout as a flexible starting point for a bespoke family home.
- Clear and landscape the enclosed rear garden, making better use of the plot.
- The detached frontage, driveway and garage provide useful space and practical features to retain or improve as part of the wider project.
Key risks
- The listing describes a full refurbishment, while the photos do not show the interior; establish the true scope and budget before committing, as this is a major programme rather than a cosmetic refresh.
- The front render is weathered and marked, and the extent of any repair should be established by inspection.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£604
Based on a loan of £120,000 over 30 years at 4.45% interest
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