Cash-only investment — no chain, cosmetic updating required, good upside after refurbishment..
Victorian mid-terrace with two double bedrooms
A Victorian mid-terrace offering clear rental or flip potential in Cobridge. The house has two double bedrooms, two reception rooms, a fitted kitchen and ground-floor bathroom across about 732 sq ft, plus a low-maintenance rear yard and brick store. UPVC double glazing and a gas combi boiler are already fitted.
This is a hands-on investment: the interior requires cosmetic updating and some refurbishment, with signs of damp/mould in parts and dated fixtures. The solid brick walls are likely uninsulated, so buyers should budget for energy-efficiency improvements. The property is sold cash-only and with no vendor chain, which suits a quick purchase and refurbishment programme.
Location is urban and very deprived with high local crime levels; that affects rental demand and longer-term capital growth. On the positive side, broadband and mobile signal are strong, local schools and amenities are nearby, and Council Tax band A keeps holding costs low. Investors should factor refurbishment, safety upgrades, and possible redecoration into cost plans.
Suitable for a buy-to-let or a small project sale after works. Transparent negatives (cash purchase only, renovation needed, local deprivation and crime) make the proposition straightforward for investors experienced with discounted, value-add properties.