A THREE-bedroom semi-detached house has hit the market at just £39,000 – but there’s a slight catch.
The property offers two bathrooms, a large kitchen, spacious lounge, a front and back garden in addition to three generous sized bedrooms.
Jam Press/ZooplaA three-bed semi hits market for just £39,000 in Wolverhampton[/caption]
Jam Press/ZooplaThe abandoned kitchen will need gutted and renovated as it currently sits decaying[/caption]
Jam Press/ZooplaRe-modelling the dingy and dated living area could be an exciting project for potential home buyers[/caption]
The home is situated off the road with a driveway in the Bradmore area of the Wolverhampton.
However, while house hunters will be impressed by the price tag, they may be shocked when they view the inside.
Photographs on the Zoopla listing reveal each room needs a major re-model as stages of disrepair and decay vary.
Estate agents described it as “vacant” which offers a reason as to why there’s no furniture, flooring, appliances or wallpaper in many areas.
Outside, the front and back gardens are both overgrown and in need of some TLC from a home buyer who enjoys getting stuck into a bit of gardening.
All that currently remains inside the property are the bare bones of the kitchen, including a sink and broken cabinets, naked light bulbs, grubby bathroom suites and a few patches of dated wallpaper.
Mould may also become an issue for potential buyers as viewers will be able to spot patches forming on the ceiling and walls.
The description of the property in the listing reads: “A semi-detached property which stands back from the road behind a driveway and foregarden.”
It is currently available with Zoopla and will be for sale by public auction on 14 December starting at 9am.
The size and location of the house could make it an ideal investment for someone who plans to renovate – and potentially flip the property.
Adding value to a house can range from spending anywhere from a few hundred pounds, to thousands.
Kate and Chris Sandhu perfected the art of DIY and renovated almost all of their home without skilled professionals.
The couple bought the three-bedroom terraced home for £745,000 in June 2017.
But, they’ve added £105,000 to the 1800s property’s value with their handy work – and upcycling – alone.
Typical house renovation costs
According to the Home Owners Alliance, these are the average costs you can expect to see while renovating your home
Extension – £26,000-£34,000
Loft conversion – £45,000
New bathroom – £6,000
New kitchen – £10,000+
Garage conversion – £6,000
Subsidence – £6,000
Damp – Up to £16,000
Double glazing – £400 – £600 per window
Installing central heating – £4,000
New boiler – £2,700
New roof – £4,500 – £12,000
Fixing rot – £1,000 – £2,000
Woodworm treatment – £450-£800
Jam Press/ZooplaThe decrepit stair case does not make the most welcoming entrance[/caption]
Jam Press/ZooplaMost of the rooms have been left completely unfurnished[/caption]
Jam Press/ZooplaThe bathroom does come with sink, toilet and bath[/caption] Read More