Pickles Lane, Bradford, BD7

At £135,000, this three-bedroom home is priced below the local average per square foot, and the vacant possession, driveway and detached garage add to its appeal as a project. The photographed interiors offer scope to update the lounge, kitchen and shower room, while the overgrown rear garden could be brought back into use. The asking price plus the £35,000–£60,000 renovation range would put the purchase-and-works cost above local benchmarks for this floor area; that comparison is with current local averages, not a forecast of the finished home’s value.

This is a substantial improvement project rather than a cosmetic refresh: visible marks and dated finishes across several rooms, alongside the garden work, leave plenty to tackle. The roof and external fabric cannot be fully assessed from the available views.

Even a workable headline price does not rescue the maths when once you include an estimated £47,500 of works on top of the asking price, spend approaches £182,500 — roughly 21% above what comparable floor area achieves locally in current condition. Hence the weak economics component — a proxy for today's market, not post-refurbishment GDV.