Two-bed semi in need of full refurbishment — auction sale, ideal for investors..
- Sold by Modern Auction; undisclosed reserve and buyer fees apply
- Two bedrooms, lounge/diner, kitchen, small study/storage and bathroom
- Freehold; built 1930s, solid brick construction (no assumed cavity insulation)
- Requires full renovation; dated kitchen, bathrooms and internal finishes
- Boiler and mains gas heating present but untested; have service report
- Small rear courtyard garden; low-maintenance outdoor space
- Area shows high crime and very deprived indicators; consider rental risk
- Excellent mobile signal and fast broadband; good for tenants or resale
Offered at modern auction, this two-bedroom semi-detached house on Loke Road is a renovation project with clear upside for a buyer prepared to refurbish. The solid brick 1930s build provides a straightforward layout: entrance hall, through lounge/diner, kitchen, two first-floor bedrooms, small study/storage and a bathroom. A rear courtyard garden and side access complete the plot.
The sale is via the Modern Method of Auction: there is an undisclosed reserve, reservation fee and buyers’ costs to factor in. The property is freehold and may suit a cash buyer for speed, though the auction process does allow a 56-day window for mortgage completion (subject to lender criteria). Buyers should review the auction Buyer Information Pack and allow for the non-refundable reservation fee and administrative charges.
Accommodation requires full modernisation throughout. Fixtures and fittings are dated, double glazing pre-dates 2002, and the property appears to have solid brick walls with no added insulation (assumed). Services and heating are untested; the boiler and gas-fed radiators are present but should be inspected. The area shows high crime and significant deprivation indicators; however, local amenities, good broadband and direct rail links to Cambridge and London add practical appeal for rental or resale schemes.
This is a clear renovation/refurbishment opportunity for an investor or experienced DIY buyer who can budget for structural checks, system upgrades and aesthetic works. Factor in renovation costs, auction fees and local market conditions when assessing feasibility.
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