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West Midlands
£70,000Guide Price
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 two-bedroom terraced house presents a compelling opportunity for investors or buyers looking to create value through significant renovation. With an asking price of £70,000, this property is notably cheap at £79/sqf compared to the local average of £150/sqf, making it an attractive acquisition for those willing to undertake a project. The layout allows for versatile reconfiguration, with a welcoming lounge and separate dining room offering potential for modern living enhancements. The bedrooms are well-proportioned, providing ample space for furnishings, and the presence of a garden forecourt and rear yard adds to the appeal.
However, the property does require extensive renovations throughout, with dated interiors and older kitchen fittings noted. All-in costs, combining the purchase price and projected renovation budget, stretch beyond the local average value for this floor area, which poses a significant economic challenge. Potential buyers should be aware that while the price is enticing, the cost of bringing this home up to standard will require careful financial planning and commitment to a full-gut programme, rather than a simple refresh.
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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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