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West Midlands
£245,000
Listed on 09/09/2026
Listed on 09/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom semi-detached house presents a solid opportunity for those looking to create their dream home. Located in a desirable area with excellent transport links and amenities, it features a bright living room with a charming bay window and a decent-sized kitchen diner that opens to a conservatory, making it an inviting space for family gatherings. The expansive front garden and potential for side garage conversion add further appeal, particularly for buyers interested in maximising living space.
However, the asking price of £245,000, translating to £321/sqf, appears to be on the higher side compared to the local average of £271/sqf. The renovation costs, estimated between £40,000 and £80,000, combined with the purchase price, lead to all-in costs that stretch beyond local value benchmarks, with projections indicating a negative margin against current local averages. This means while the property has potential, the financials may require careful consideration. Overall, there’s a solid foundation here for improvement, but prospective buyers should weigh the economics against the envisioned project scale.
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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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