Two-bedroom renovation project with strong rental potential and off-street parking.
Guide price £110,000 — sold via unconditional auction
This two-bedroom semi-detached freehold on Lodge Court presents a clear renovation-and-rent opportunity for investors or cash-buying first-time buyers prepared to act at auction. The property is modern in build and benefits from double glazing, mains gas central heating and off-street parking, while a small rear garden adds outdoor space. It is offered with an EPC rating of C and low council tax band A.
The house requires some renovation work before occupation or letting; viewings are recommended to judge scope and costs. Recent evidence shows comparable lets at £825–£850pcm after refurbishment, so the property could deliver attractive rental income once upgraded. The plot and internal size are modest (about 582 sq ft), so modernisation should focus on efficient use of space and cost-effective improvements.
Buyers must note this sale is by unconditional auction: contracts become binding at the fall of the hammer. Auction terms include a 10% deposit (minimum £5,000) and a non-refundable buyer’s fee (1.2% of the price, min £1,500 inc VAT). Read the Legal Pack and Special Conditions carefully for additional fees or requirements before bidding.
Location advantages include nearby supermarkets, bus links, schools rated Good, fast broadband and strong mobile signal. Material negatives: the area records higher crime levels and the property is small with a separate title for the communal drive and parking, so check access and management arrangements. For investors seeking a short refurbishment project with lettings potential, this is a practical, low-tax-cost freehold opportunity.
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