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West Midlands
£500,000
Listed on 15/09/2026
Listed on 15/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This four-bedroom detached house in Pelsall presents a compelling renovation project, especially given its spacious garden and ample parking. The property sits on a generous plot, making it a unique investment opportunity with potential for further development, subject to permissions. While the asking price of £500,000 may appear high compared to the local average sale price of £245,654, it reflects the distinctiveness of this home and its plot rather than a straightforward value assessment.
The interior is generally in good condition, but some rooms may require updates, particularly the kitchen and bathroom, which are average in quality. The overall good condition of the living areas and exterior suggests a light renovation scale, with estimated refurb costs ranging from £40,000 to £80,000. This house offers a great canvas for someone looking to create value through updates and improvements, capitalizing on its desirable location and features.
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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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