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Yorkshire
£48,000
Listed on 12/09/2026
Listed on 12/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom mid-terrace home presents a compelling opportunity to acquire a spacious property at a notably low asking price of £48,000, which is significantly below the local average of £102/sqf. The sizeable living areas and generous bedrooms provide a strong canvas for renovation, allowing buyers to inject their personal style and preferences into the space. The garden, while needing maintenance, offers potential for outdoor entertaining.
However, the overall condition of the property reveals signs of wear and damage throughout, including dated interiors that will require substantial refurbishment. The all-in costs, estimated at £123,000 when factoring in necessary renovation expenses, stretch beyond the implied local average value of £85,620, indicating that this project may not provide the best economic return. Therefore, while the acquisition price is attractive, prospective buyers should be prepared for an extensive renovation journey.
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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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