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West Midlands
£155,000
Listed on 08/09/2026
Listed on 08/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This two-bedroom terraced house presents an opportunity for first-time buyers or those looking to create a personalised home, though it does require significant updating throughout. The asking price of £155,000 translates to £288/sqf, which is slightly above the local average of £278/sqf. While it appears affordable at first glance, the all-in costs, factoring in the refurbishment range of £20,000 to £40,000, push the total to around £185,000. This figure exceeds the implied current local average value of £149,788 for the area, leaving limited room for profit after renovation.
The property's good location is a strong positive, with easy access to Nuneaton's amenities, schools, and parks, making it suitable for individuals or families. The potential for value increase after modernising the dated interiors, including the lounge and kitchen, is evident. However, prospective buyers should be aware that the economics of this listing might be stretched given the current market benchmarks, which could impact their investment strategy.
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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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