Bargain house for sale has huge potential – but buyer faces huge first job
If you’ve spent the last few months becoming a pro at DIY, this house might be for you.
After spending so much time in lockdown, it’s fair to say that lots of us are itching for a project – and this could be the perfect opportunity.
A one-bedroom end of terrace house has gone on the market for the bargain price of £55,000.
It could offer hopeful first-time buyers struggling to scrape together a deposit, the perfect opportunity to get on the property ladder.
Or, it could be an investment opportunity for a property manager, as the house could do with an experienced hand to totally transform it.
The price of the property may sound too good to be true – but it does come with a huge amount of work.
The end of terrace house in Redditch, Worcestershire is going up for auction on January 28 with a guide price of £55,000 – but you might see why when you have a peek inside.
The house is being sold off by SDL Property Auctions as a house with one bedroom, as well as a hallway, kitchen and a lounge.
But it’s in quite a poor state and needs a complete refurbishment.
It’s perfect for people who have spent lockdown watching Homes Under the Hammer, and have decided they could take on such a mammoth project.
Photos of the bedroom show an unmade bed, with clothes and shoes strewn across the floor, alongside a stool.
The bathroom also needs attention – with rubbish dumped in the toilet and a laundry basket dumped in the bath.
Similarly, the kitchen is full of rubbish and not in a usable state, with buckets on the cooker.
Meanwhile, the lounge could be turned into a nice place for relaxing – but needs a total renovation.
The description on Rightmove states: “This one bedroomed house comprises of a hallway, kitchen and a lounge with stairs leading to the bedroom and bathroom.
“The property is in need of full refurbishment but it provides a brilliant investment opportunity.
“Located south of Redditch town centre, it provides an excellent location for access into Redditch but also the A441 & A448.”
The property will go under the hammer on January 28 with sales starting at 10.30am.