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The Island, George Avenue, Mile Oak, Tamworth, B78 - Image 1
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The Island, George Avenue, Mile Oak, Tamworth, B78

West Midlands

£230,000

Listed on 07/10/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
831 sqft

Description

This traditional three-bedroom semi-detached home presents an excellent opportunity for buyers eager to personalize their living space. Nestled just off George Avenue in a desirable residential area, the property features spacious accommodation, including two well-sized reception rooms and a versatile additional ground-floor room that can serve as a home office or playroom. The first floor comprises three bedrooms and a family bathroom, all of which would benefit from modernizing and general improvement, allowing the new owner to create a home tailored to their own style and requirements. Externally, the property boasts a generous block-paved driveway offering off-road parking, while the enclosed rear garden features a patio area, lawn, and established shrub and tree borders. Some clearing and general attention would enhance the garden's appeal. This property is ideal for those looking to invest in a home with potential for a personal touch.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

48out of 100
Grade ELow opportunity

Confidence: MEDIUM

This three-bedroom semi-detached home presents a solid opportunity for those looking to undertake a medium-scale renovation project. Priced at £230,000, it sits below the local average at £277/sqf, which is a reasonable entry point for buyers willing to invest in updates. The property boasts spacious rooms and a good-sized block-paved driveway, making it appealing for families or those needing extra space.

However, the overall condition of the property is dated, with general wear visible throughout the interior, including in the living areas, bedrooms, and kitchen. The garden also requires maintenance, offering potential for improvement. While the asking price is attractive, the all-in costs when including the estimated renovation budget of £60,000 could leave the total investment stretched compared to local benchmarks, which may impact the profitability of the project. This is something to weigh carefully as you consider the scope of work needed to bring this property up to modern standards.

Key opportunities

  • Spacious layout providing flexibility for modernisation.
  • Good-sized block-paved driveway for off-road parking.
  • Potential to enhance the garden with landscaping.

Key risks

  • The all-in costs may be stretched compared to local benchmarks, impacting potential returns.

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Map

Location

The Island, George Avenue, Mile Oak, Tamworth, B78
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£869
Based on a loan of £172,500 over 30 years at 4.45% interest

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

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Indicative tax based on the asking price and the options you select.

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