Summary - JASMINE COTTAGE, BECKETT STREET, BILSTON WV14 7NT
2 bed 1 bath Detached Bungalow
Large plot detached bungalow with energy upgrades and renovation potential.
Chain-free and vacant possession available now
Sold at auction — undisclosed reserve price applies
Non-refundable reservation fee 4.5% (min £6,600) plus admin costs
Owned solar panels and electric heat-source pump installed
Detached garage, long driveway and large front garden
Requires full renovation and modernisation throughout
Small internal footprint (about 501 sq ft) for two bedrooms
Area: above-average crime and very deprived; check local market
Set well back from the road, Jasmine Cottage is a compact two-bedroom detached bungalow on a notably large plot with a detached garage and driveway. The property has modern energy features — roof-mounted solar panels (vendor advises they are owned) and an electric heat-source pump — which can reduce running costs once refurbished. Chain-free sale and immediate vacant possession are advantages for a quick turnaround.
The bungalow is being sold via modern auction, so buyers should allow for the auction timetable and additional fees. There is an undisclosed reserve price and a non-refundable reservation fee (4.5% of purchase price, minimum £6,600 incl. VAT) payable on exchange. Completion is required within 56 days of the auction process starting; prospective buyers must complete their own due diligence and confirm funding.
Internally the footprint is modest (approximately 501 sq ft) with lounge, kitchen, two bedrooms and a shower room. The property needs renovation throughout — expect updating of the kitchen, bathroom and likely some general repairs or modernisation. The large plot offers obvious upside: room for extensions, garden improvements or reconfiguration, subject to planning and surveys.
This home suits an investor seeking a refurbishment project for rental or resale, or a buyer prepared to carry out upgrading works to create a comfortable single-storey home or downsizer property. Be mindful of the local context: higher-than-average crime rates and a very deprived area classification could affect resale or rental values; obtain survey and local-market advice before bidding.
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