Auction opportunity for investors or DIY buyers — two-bed semi with garden and parking, needs updating..
Freehold two-bedroom semi-detached house, approx 518 sq ft
This two-bedroom semi-detached house on Painswick Road is a compact freehold property offered via auction, suited to investors or buyers looking for renovation potential. The mid-20th century build retains character features such as an exposed-brick living room and wood-burning stove, while the rear garden and off-street parking add practical appeal. Fast broadband and excellent mobile signal support rental or home-working setups.
The property requires updating throughout — the patio and greenhouse need attention and internal finishes are dated. The sale uses the Modern Method of Auction: winning bidders must pay a non-refundable Reservation Fee (4.5% of purchase price, minimum £6,600) and complete within a 56-day Reservation Period. A Buyer Information Pack is available for an additional fee and should be reviewed before bidding.
Local amenities are convenient with shops, a Tesco Express, and several primary schools rated Good nearby; some secondary options include high-quality choices though one local secondary is rated Inadequate. Important considerations include a very deprived neighbourhood classification and high local crime levels, which will affect rental demand and resale value. Council tax is very cheap, which helps running costs.
This property offers a clear refurbishment opportunity: inexpensive entry at auction and a garden suitable for improvement, but buyers should budget for refurbishment work and factor in auction fees and the local social challenges when assessing long-term value.
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