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North West
£160,000
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
This extended two-bedroom terraced house in Ainsworth presents a good opportunity for buyers looking to acquire a property at a below-average asking price of £160,000, which is 12.5% under the local average of £238/sqf. The spacious living areas, combined with a new central heating boiler, offer a solid foundation for a renovation project. However, the interior is notably dated, with general wear and tear visible throughout, particularly in the living room, bedrooms, and kitchen, indicating the need for significant updating.
While the price is appealing, the overall renovation costs—estimated between £40,000 and £80,000—could stretch the total investment to around £220,000, which is above the implied local average value of £182,784 for similar properties. This creates a challenging economic scenario, as the potential return on investment may not meet expectations. Nevertheless, the good location and spacious layout provide a canvas for personalisation and improvement, making it a worthwhile consideration for those willing to take on the work.
On renovation economics, the quoted refurb range (£60,000) on top of the asking price brings all-in exposure close to £220,000, about 17% ahead of typical local benchmarks for this size. So the headline score reflects limited headroom, not a judgement on the house as a project.
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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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