Auction project with period features and renovation potential in Sherwood.
Three bedrooms and two reception rooms, traditional layout
A traditional three-bedroom mid-terrace in Sherwood offered for sale by auction, ideal for investors or buyers seeking a renovation project. The house retains period features — bay windows, high ceilings and original brickwork — and provides a substantial internal layout of two reception rooms, kitchen and three bedrooms across two floors. Main services include mains gas central heating, double glazing and a solid brick build.
The property requires full modernisation throughout: cosmetic updating, likely electrical rewiring and insulation improvements (walls are solid brick with no built-in insulation assumed). There is one bathroom only and the plot is small, so expansion possibilities are limited without planning. Council tax is very low and local amenities, schools and public transport are within easy reach, supporting rental demand or family use once refurbished.
This lot is sold by modern method of auction with a starting bid from £130,000. Successful buyers must sign a reservation agreement, pay a non‑refundable Reservation Fee (4.5% of purchase price, subject to a minimum of £6,600) and contribute £495 towards the buyer information pack. Completion is required within 56 days; buyers should allow time for mortgage approval and carry out their own due diligence before bidding.
For a hands-on investor or a DIY buyer, this property offers strong potential to add value through renovation and modernisation. Be realistic about renovation costs and the auction fees when calculating budget and expected returns.