Low-price investment with loft potential in an inner-town location.
- Freehold mid-terrace with loft room, ~834 sq ft
- Two double bedrooms plus loft usable as third room
- Requires renovation and modernisation throughout
- Solid brick walls assumed without insulation
- On-street parking only; small enclosed rear courtyard
- Mains gas central heating and UPVC double glazing present
- Very deprived area with high local crime rates
- Council tax very cheap; broadband and mobile excellent
Priced at £50,000, this two-bedroom mid-terrace with a loft room offers clear value for investors or hands-on buyers prepared to renovate. The property has traditional period features, gas central heating, and UPVC double glazing, all set within a compact urban plot with an enclosed rear courtyard.
Internally the layout is practical: lounge, dining room, breakfast kitchen, two double bedrooms, family bathroom and a loft room with Velux window. The accommodation totals about 834 sq ft and is suitable for reuse as a three-bedroom rental or a modest family home after improvement works.
Key positives include freehold tenure, mains gas heating and fast broadband/mobile signal. However, the house needs renovation and modernisation throughout; the solid brick walls likely lack insulation and the exterior and some fittings are dated. On-street parking only and the small plot limit scope for rear extensions.
Buyers should note the location is in a very deprived area with high local crime rates. That increases lettings demand risk and may affect mortgage availability and resale values. For an investor comfortable managing refurbishment and tenancy in a challenging neighbourhood, the low purchase price and potential uplift make this a clear renovation play.
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