Harrowby Road, Birkenhead, Merseyside, CH42

At £60,000, this two-bedroom mid-terrace has a clear medium-scale improvement opportunity: the photographed rooms have dated finishes and marked walls, with peeling or damaged finish to the kitchen ceiling and visible wear in the bathroom. Double glazing, central heating and the living room’s decorative fireplace surround give you useful features to work around, while the small paved rear yard could be tidied up. The listing cites potential rental income of £10,200 per annum following refurbishment.

The overall score is 53/100 (D, Weak Opportunity), with good location and low risk offset by only average fundamentals and moderate condition and economics scores. Floor area is missing, so value versus local £/sqf cannot yet be judged. This is an online auction guide price, and bidding can take the hammer above the guide, so the eventual price may not stay this cheap.