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Yorkshire
£40,000
Listed on 29/09/2026
Listed on 29/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
7 Eric Street presents an intriguing renovation opportunity, especially with its remarkably cheap asking price of £40,000, which is significantly below the local average of £202/sqf. This end-terrace property boasts a substantial garden that not only enhances its outdoor appeal but also holds potential for extension, subject to planning permissions. The generous layout offers a chance for new owners to create a home tailored to their tastes, with a spacious lounge and kitchen/dining area that can be transformed into vibrant living spaces.
However, this project comes with considerable challenges. The overall condition is poor, with significant wear and damage observed throughout the property, including in the living areas, bedrooms, and kitchen. The garden is overgrown and requires landscaping, while the exterior and roof also show signs of neglect. Stripped interiors and a £100,000–£150,000 works budget indicate that this will be a full-gut programme rather than a simple refresh. Buyers should prepare for a substantial investment of time and resources to bring this property back to life.
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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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