Freehold three-bed terrace with garden — renovation project and clear investment potential..
No chain, freehold sale — straightforward purchase
Compact 543 sq ft mid-terrace with small rear garden
Good transport links, nearby schools and fast broadband
Mains gas boiler and radiators; double glazing present
Requires full renovation; damp reported in living room
Cavity walls as built with no insulation (assumed)
Very deprived area; consider rental demand and resale timescale
Public notice: offer received; higher bids must be submitted in writing
This three-bedroom Victorian mid-terrace on Rectory Road is being sold freehold with no onward chain — a straightforward purchase for cash buyers or renovators. The property is compact (approximately 543 sq ft) and sits on a small plot with a rear garden, offering clear scope for a refurbishment and rental or resale after improvement.
The house benefits from good local transport links, nearby schools and fast broadband and mobile signal, making it attractive to tenants or first-time landlords. Key services are connected: mains gas boiler and radiators, double glazing installed after 2002, and no identified flood risk.
The building needs significant work: the property is described as requiring renovation and there are signs of damp in the living room. Walls are cavity as built with no insulation (assumed), so fabric and heating upgrades will likely be necessary. This will affect short-term cost and timelines but creates scope to add value through targeted improvements.
A public notice indicates an offer has been received (current noted offer £86,000) and interested parties must submit higher offers in writing. The house sits in a very deprived area and local demographic indicators are for ageing industrious workers and challenged communities — factors to weigh when assessing rental yield, tenant demand and resale prospects. Council tax is very cheap, which helps running costs while renovating or letting.