Summary - 16, RACHEL GARDENS B29 6NY
3 bed 1 bath Terraced
**Standout Features:**
- Mid-terrace property with three bedrooms and one bathroom
- 760 sq ft of living space in a cosmopolitan student neighborhood
- Off-street parking and a small garden
- Vacant possession upon completion, will be sold at auction starting at £39,000
- Excellent mobile signal and fast broadband speeds
**Potential Concerns:**
- Leasehold with only 31 years remaining; mortgage lenders may refuse financing
- Requires significant renovation throughout
- Located in an area with very high crime rates
This mid-20th century, three-bedroom terraced home offers an exciting opportunity for renovation enthusiasts and investors in the thriving student community of B29 6NY. With a ground floor layout featuring a reception room and dining kitchen, plus three bedrooms and a bathroom upstairs, this property has a solid foundation ready for your creative touch. While it boasts off-street parking and a small garden, it's important to note the need for extensive modernization and the limitations of a leasehold with 31 years remaining—potentially impacting financing options.
Offered by public auction starting at just £39,000, this could be a perfect investment for those looking to enter the property market or create a rental opportunity in an area with excellent mobile signal and broad band connectivity. However, prospective buyers should be aware of the very high crime rate in the vicinity. With public transport and local amenities just a stone's throw away, this property provides a chance to transform a solid structure into a comfortable, modern home or a profitable rental unit. Don’t miss this unique chance—explore this property before auction day!
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