
Sign InSign Up
West Midlands
£155,000
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 two-bedroom terraced house on Morcom Road presents a solid renovation opportunity, particularly for investors looking to add value through modernisation. While the asking price of £155,000 is below the local average of £223/sqf, the overall condition reflects significant wear and dated interiors, requiring a comprehensive refurbishment throughout. The living room, bedrooms, and kitchen all show signs of needing updates, providing a blank canvas for those ready to invest in a project.
However, the associated renovation costs of £75,000, when combined with the purchase price, stretch the all-in costs to £230,000, which is not in line with the local market benchmarks for similar properties. This suggests that the economics are a notable weakness, with potential resale values not justifying the investment based on current standards. Nonetheless, the property's good location near transport links and amenities adds to its appeal, as does the opportunity for significant value increase post-renovation.
Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.
Sign up freeAlready have an account? Sign in
Create an alert and we'll notify you when similar renovation opportunities are listed.
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.
Services
Explore services to help you with this property purchase.
Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.
Nearby
Other listings you may want to compare.