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West Midlands
£230,000
Listed on 28/08/2026
Listed on 28/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom semi-detached house on Oakwood Road presents a solid opportunity for buyers looking to invest in a desirable area. While the interiors are dated, the property boasts generous living spaces and a good-sized rear garden, which can be transformed into a personal oasis. The kitchen, although in need of modernisation, offers ample cupboard and worktop space, while the recently fitted shower room adds a touch of contemporary comfort. The detached garage provides additional versatility and potential for alternative uses such as a home office.
However, the overall renovation economics present a challenge. With the asking price of £230,000 and renovation costs estimated between £40,000 and £80,000, the all-in costs stretch against local benchmarks for this floor area. It’s important for buyers to carefully consider these financial aspects before proceeding. Bidding can take the final price above the guide, which may further affect the investment value. Despite these concerns, the property remains a promising canvas for those willing to undertake a project in a sought-after location.
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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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