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West Midlands
£125,000
Listed on 09/10/2026
Listed on 09/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This 5-bedroom terraced house presents a significant renovation project with planning permission already secured for conversion into four apartments. The property shows extensive signs of neglect and will require complete refurbishment, making it a blank canvas for developers or those looking to create a substantial family home. While the asking price is low, the lack of usable floor area means we cannot assess its value against local £/sqf averages just yet.
The opportunity here lies in transforming the current layout to maximize space and functionality, particularly with the potential for a separate staircase and garage/bike store underneath. However, be prepared for a heavy refurbishment scale, as the interiors are stripped and will need a comprehensive works budget ranging from £100,000 to £200,000. This is not a simple refresh, and the project calls for serious commitment and vision.
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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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