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West Midlands
£170,000
Listed on 06/10/2026
Listed on 06/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom detached bungalow in Clayton presents a significant renovation project for those looking to create a tailored home. The well-proportioned living space, measuring nearly 21 feet in length, offers a blank canvas to modernise and reconfigure according to personal tastes. The extensive garden, while currently overgrown, has the potential for landscaping improvements to enhance outdoor living.
However, the asking price of £170,000 at £251/sqf is above the local average of £231/sqf, marking an 8.5% premium that may strain the budget when combined with the heavy refurbishment costs estimated between £100,000 and £150,000. The all-in cost of around £295,000 presents a significant challenge against the implied current local average value of £156,652, indicating a negative margin of nearly 47%. Therefore, while the property is located in a desirable area with good amenities, the economics of this investment could be a concern for potential buyers.
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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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