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West Midlands
£1,550,000
Listed on 25/09/2026
Listed on 25/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This three-bedroom detached bungalow presents a significant renovation opportunity on a generous 1.13-acre plot in Tamworth. The property is dated, with general signs of wear throughout, but its size and two access points enhance its potential for redevelopment, possibly leading to multiple property builds, subject to planning approval. The living spaces, kitchen, and bathroom all show visible signs of aging, providing a blank canvas for a full refurbishment that can enhance the property's value and appeal.
With a guide price of £1,550,000, it's worth noting that while the value versus local £/sqf cannot be judged due to missing floor area data, the asking price itself does not appear excessive. However, the potential for costs to rise if bidding goes above the guide should be kept in mind. This property is ideal for those looking to invest in a substantial project that can transform the existing layout and character into something modern and appealing.
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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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