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West Midlands
£80,000
Listed on 23/09/2026
Listed on 23/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This two-bedroom ground floor flat presents a solid investment opportunity, particularly given its attractive asking price of £80,000, which is significantly below the local average at £171/sqf compared to £311/sqf. This pricing advantage positions it well for buyers looking to add value through cosmetic updates. The property features good natural light in the living areas and includes allocated parking and well-maintained communal spaces, enhancing its appeal.
While the flat does require cosmetic updating throughout, this allows new owners the creative freedom to tailor the space to their liking. The existing condition includes average wear in the living room and bedrooms, as well as a dated bathroom, all of which are manageable with a renovation budget estimated between £20,000 and £40,000. Buyers should be aware of the low lease term, as it may limit financing options, but with cash buyers in mind, this property provides a canvas for transformation without excessive financial risk.
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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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