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Walverden Terrace, Nelson - Image 1
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Walverden Terrace, Nelson

West Midlands

£65,000Guide Price

Listed on 30/09/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
951 sqft

Description

This mid-terraced house presents an excellent opportunity for buyers seeking a project with significant potential for modernisation and enhancement. The property features a spacious front garden, providing an appealing outdoor space and a welcoming entrance. Inside, the ground floor consists of an entrance leading into a lounge, complemented by a separate living room that serves as an additional reception area. Both spaces offer valuable accommodation that can be updated to reflect personal style and preferences. At the rear, a separate kitchen provides practical functionality with access to the rear yard. This area also holds potential for modernisation as part of a broader renovation plan. On the first floor, there are three bedrooms, which offer versatile accommodation suitable for families, couples, or those needing extra space for home working or guests. Completing the property is a bathroom. The entire home requires modernisation, allowing a new owner to tailor the updates to their taste and specifications. With three bedrooms, two reception rooms, a front garden, and a rear yard, this property offers ample scope for those looking to create a home that meets their individual needs. Offered at auction, this property is an appealing option for those ready to invest in a renovation project.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

49out of 100
Grade ELow opportunity

Confidence: LOW

This mid-terraced property presents a solid opportunity for those looking to invest in a home that requires a medium refurbishment. While the overall condition is dated, there is ample scope for modernisation throughout the property, which includes three bedrooms and two reception rooms, providing a versatile layout for families or individuals needing extra space. The good-sized front garden adds to the appeal, making it a welcoming approach.

The property is offered at a guide price of £65,000, but the floor area is missing, so a direct comparison to local £/sqf cannot be established yet. However, the renovation range of £60,000 to £120,000 indicates a project that can significantly elevate the home's value, especially with the potential to update the dated interiors and make the most of the outdoor space. Keep in mind that bids can go above the guide price, so the final cost may exceed this initial figure. Overall, this listing holds promise for those willing to put in the work to create a tailored living space.

Key opportunities

  • Three bedrooms and two reception rooms provide versatile living space.
  • Good-sized front garden offers potential for landscaping and outdoor use.
  • Scope for modernisation throughout, allowing buyers to customise to their taste.

Key risks

  • Dated condition throughout may require significant investment.
  • Potential damp issues could arise during renovation.
  • Medium refurbishment project scale may demand careful budgeting and planning.

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Map

Location

Walverden Terrace, Nelson
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£246
Based on a loan of £48,750 over 30 years at 4.45% interest

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

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