Green Lane, Small Heath, Birmingham

At £170,000, this two-bedroom terrace is priced below the local average per square foot, giving buyers a relatively low entry point for a project close to Heartlands Hospital and Coventry Road amenities. The visible interiors offer clear scope to refresh the finishes, with a particularly dated kitchen and bathroom; the rear garden also has room for a practical clear-up and improvement.

The overall score is still low because the asking price plus the £42,000–£76,000 renovation range puts the likely purchase-and-works spend above the local average benchmark for this floor area. That comparison is against current local values, not a forecast of the renovated home’s resale value, so the project’s appeal depends on controlling costs and achieving a result that supports a higher value.

Renovation economics weigh on the grade because the asking price is only one line of the budget; adding roughly £59,000 for works pushes total exposure towards £229,000, leaving a gap of around 16% versus area norms for this sqft. Hence the weak economics component — a proxy for today's market, not post-refurbishment GDV.