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West Midlands
£395,000
Listed on 10/09/2026
Listed on 10/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom detached bungalow offers a generous plot size and an elevated position with views, presenting a significant opportunity for those looking to create a tailored family home. While the property requires extensive renovation, the overall footprint and expansive gardens allow for considerable scope for improvement. The interior is dated, with wear noted throughout the living areas and kitchen, which will require modernization.
However, the asking price of £395,000 is notably above local benchmarks at £296/sqf, compared to the average of £199/sqf. This makes the purchase price dear and the all-in costs, when factoring in the renovation budget of £100,000 to £150,000, considerably stretched against local values for this floor area. This economic factor is a critical consideration for potential buyers, as it poses challenges for value creation post-renovation.
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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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