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West Midlands
£485,000
Listed on 17/09/2026
Listed on 17/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This spacious four-bedroom detached house offers a generous plot and stunning views towards Goodrich and the River Wye, making it an attractive prospect for buyers seeking a home with potential. However, the property is in a dated condition, showing signs of wear and requiring modernisation in several areas, including the kitchen and bathroom. The living room and other spaces provide good natural light and a sense of space, but they will need redecoration and updates to meet contemporary standards.
While the asking price of £485,000 is positioned below the local average at £337/sqf compared to £313/sqf, the overall renovation economics are a concern. With an all-in cost estimated at £545,000, this stretches the investment against the implied current local average value of £450,529, indicating a potential loss of value. Buyers should be mindful that while the property presents a canvas for improvement, the financials may limit the project's viability, and the path to realising its full potential could require careful consideration of budget and scope.
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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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