
West Midlands
£145,000
Listed on 23/10/2026
Listed on 23/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This is a substantial project with a useful canvas: a traditional three-bedroom terrace, off-road parking and a long, enclosed rear garden. The photographed rooms show worn flooring and damaged or peeling finishes in several places, while the basic kitchen and older bathroom offer clear scope to rework the interiors to your own specification. The exterior and roof appear broadly intact in the available views, and the ground-floor WC area may offer utility or alternative bathroom potential, subject to checking feasibility and services.
At £145,000, the asking price is about 6% below the local average per square foot, which is a reasonable starting point. The bigger concern is the budget: adding the £38,000–£68,000 renovation range puts purchase plus works at roughly £183,000–£213,000, stretched against the £154,275 local-average benchmark for this floor area. That benchmark is not a post-renovation value forecast, so the numbers call for careful cost control and a clear plan for the finished house.
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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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