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West Midlands
£495,000
Listed on 05/10/2026
Listed on 05/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This charming detached cottage, dating back to the early 19th century, offers a fantastic opportunity for those looking to create their dream home. Priced at £495,000, it stands out as particularly cheap at £222/sqf compared to the local average of £313/sqf, presenting a compelling chance to acquire a property with significant potential for value enhancement. The home boasts characterful features and a versatile layout, including a self-contained one-bedroom section that could easily serve as guest accommodation or even an income-generating Airbnb.
While the interior shows signs of wear and is in need of modernisation, this provides a blank canvas for creative renovations. The dated living areas and average bathroom are areas where one can add personal touches and upgrades. The property also benefits from a good garden and well-maintained exterior, making it a welcoming space to enjoy. With a medium refurbishment scale estimated between £50,000 and £100,000, the investment could lead to a comfortable and stylish family home or a profitable rental opportunity. Overall, this property presents an excellent chance to capitalize on a below-market asking price while breathing new life into a characterful residence.
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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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