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North West
£70,000Guide Price
Listed on 02/10/2026
Listed on 02/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This semi-detached house on Fairmount Avenue presents a compelling opportunity for renovation enthusiasts looking to acquire a property significantly below local price benchmarks. With an asking price of £70,000, the cost per square foot is just £148, which is an impressive 37.9% below the local average of £238/sqf. This affordability opens the door for creative improvements and value creation.
However, the existing condition shows considerable wear and outdated features throughout, including the living areas and kitchen. The project scale is medium, with renovation costs estimated between £40,000 and £80,000. While the all-in costs appear tight against local valuations, the potential to transform this space is substantial, especially given the good plot size and vacant possession. Buyers should be aware that the economics are soft, with all-in costs exceeding the implied local average value. Still, the chance to modernize this home makes it an enticing prospect for those ready to roll up their sleeves.
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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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