Hannah Road, Bilston, Wolverhampton, WV14

At £180,000, this three-bedroom semi is priced below the local average per square foot, giving buyers a cheaper-than-local entry point for a substantial project. There is useful scope to reshape the large kitchen, refresh the two reception rooms and make better use of the three stated bedrooms; the brick-built outbuildings and generous rear garden add further potential. The front garden may also offer scope for parking, subject to access and permissions, while the visible roof covering appears broadly intact from a distance.

The photographed interiors show dated finishes and worn flooring across several rooms, with an unmodernised kitchen and bathroom, and the rear garden is heavily overgrown. More importantly, the asking price plus the £42,000–£70,000 renovation range puts the indicative purchase-and-works cost above the local average benchmark for this floor area. That comparison is against local average value, not a forecast of the renovated home’s resale value, so the cheap entry price does not by itself make the project’s economics compelling.

Even a workable headline price does not rescue the maths when the asking price is only one line of the budget; adding roughly £56,000 for works pushes total exposure towards £236,000, leaving a gap of around 15% versus area norms for this sqft. The economics score captures that squeeze; finished resale value is outside our model.