
West Midlands
£240,000
Listed on 14/10/2026
Listed on 14/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
At £240,000, this three-bedroom Sheldon home is priced below the local average per square foot, giving a project buyer a relatively cheap point of entry. Its standout feature is the unusually flexible ground floor: three reception areas plus a conservatory offer plenty of scope to reshape how the home works, while the rear garage, off-road parking and nearby amenities add practical appeal. The overgrown garden and dated interiors provide a clear canvas for improvement, including a kitchen and bathroom update.
The overall score is held back by the economics: once the purchase and an estimated £40,000–£70,000 of works are considered, costs look tight against local benchmarks. This is a substantial programme rather than a cosmetic refresh, so the value will depend on controlling the renovation budget and making good use of the home’s generous layout.
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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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