Summary - Collett, Tamworth B77 2DZ
3 bed 1 bath Semi-Detached
Suitable for cash buyers or investors ready to refurbish and complete at auction.
Three bedrooms with lounge and kitchen/diner (modest internal space)
This three-bedroom semi on Collett requires full refurbishment and is offered with no upward chain, making it an immediate project. The property is compact (around 726 sq ft) with a lounge, kitchen/diner, first-floor bathroom and an overgrown rear garden; a driveway provides off-street parking. The current condition is poor and will need comprehensive work throughout.
The tenure and sale method will be key considerations: the lease has approximately 45 years remaining and the property will be sold via auction. Many mortgage lenders are likely to refuse lending against this lease length, so the sale is best suited to cash buyers, bridging finance or specialist investors prepared to manage lease extension costs.
For an investor or experienced renovator, the house offers straightforward layout and potential to add value through full refurbishment and garden tidy-up. Broadband and mobile coverage are good in the area, and local schools and transport links are nearby. Buyers should allow for urgent works, professional surveys, and the auction’s reservation fee and timescales when budgeting.
Be clear-eyed about the area and costs: the neighbourhood scores as very deprived with local socio-economic challenges, and the home is dated inside and out. A practical buyer will view this as a low-entry-price opportunity that requires cash or specialist financing and substantial work to reach rental or resale standard.
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