Auction sale suited to cash buyers and investors seeking refurbishment potential.
Five bedrooms over three levels, sizable footprint for conversion
A substantial five-bedroom mid-20th-century terraced house arranged over three levels, offered for sale by modern auction. The layout includes a ground-floor bedroom and lounge, a lower dining-sized kitchen with utility and WC, and four further bedrooms plus a family bathroom on the top level. The property is freehold and has good digital connectivity (fast broadband, excellent mobile signal) and no flooding risk.
This is a cash-purchase opportunity for a buyer able to complete within the auction’s 56-day reservation period. A non-refundable Reservation Fee of 4.20% of the purchase price (minimum £6,000 including VAT) is payable on exchange in addition to the price. Buyers considering mortgage finance should obtain lender confirmation before bidding.
The house needs modernisation throughout and presents clear refurbishment potential for an investor or experienced DIY buyer. It is close to Cumbernauld town centre, the train station and motorway links, and sits near local amenities including shops, a community centre, sports pitches and a playground. The surrounding area is classified as very deprived with a transitional Eastern European neighbourhood and predominately hard-pressed flat dwellers; factor local market conditions into planning for rental or resale.
Practical positives include freehold tenure, sizeable five-bedroom footprint, low council tax, and no flooding risk. Material drawbacks are the required modernisation, auction sale conditions, the cash-only expectation, and the additional reservation fee and potential optional service costs associated with the auction process.
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