Crossword Genius

With the bad housing, Victor’s in a terrible hole! (5)

Ross

I believe the answer is:

hovel

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'with the bad' is the definition.
Although both the answer and definition are singular nouns, I don't understand how one could define the other.

'victor's in a terrible hole' is the wordplay.
'victor' becomes 'v' (phonetic alphabet: alpha, bravo, charlie etc.).
'in' indicates putting letters inside.
'a terrible' is an anagram indicator.
'hole' anagrammed gives 'hoel'.
'v' put into 'hoel' is 'HOVEL'.

'housing' acts as a link.

Can you help me to learn more?

(Other definitions for hovel that I've seen before include "Wretched building" , "Mean home" , "Ramshackle dwelling" , "Degraded house" , "dump" .)

I've seen this clue in the Evening Standard.
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