Ellerton Road, Firth Park

This three-bedroom semi-detached house in Firth Park is a compelling opportunity for buyers looking to dive into a substantial renovation project. The guide price of £100,000 is notably cheap at £94/sqft, well below the local average of £188/sqft. This price point offers an attractive entry for those looking to acquire and transform the property into something special, especially considering the potential for value increase post-renovation.

However, the overall condition of the home presents significant challenges. General wear and tear are evident throughout, with dated decor in the living areas, worn kitchen units, and an outdated bathroom. The garden is overgrown and needs attention, adding to the project's scope. With an all-in renovation budget of up to £225,000, the economics look tight against local benchmarks, which may impact the profit margin after refurbishing. Nevertheless, the layout provides excellent potential for reconfiguration and modernization, allowing investors to put their own stamp on the property.