
Sign InSign Up
North West
£280,000
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 house on Rivacre Road presents a solid opportunity for those looking to invest in a renovation project. Priced at £280,000, the asking price is reasonable, sitting 5.4% below the local average of £252/sqf, which may attract buyers looking for value. The property features a good-sized plot with an established rear garden, providing a versatile outdoor space, while the interior offers plenty of scope for modernization, particularly in the dated kitchen and throughout the living areas, which show general signs of wear.
However, the economics of the project are a concern. The total costs, including the asking price and an estimated renovation budget of £75,000, lead to all-in costs of £355,000. This figure is stretched compared to the implied local average value of £295,871, resulting in a negative margin of 16.7%. While the location and fundamentals are strong, potential buyers should be aware that the economic viability of this project may limit profitability after renovations are completed.
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.