Look inside bargain inner-city Birmingham home perfect for first-time buyers with DIY skills
A £60,000 Birmingham home, ideal for DIY enthusiasts, is up for auction. Discover more about this renovation project with gardens, perfect for first-time buyers or investors.
Potential buyers are paying close attention to a house located in the inner-city Birmingham surburb, Lozells that’s available at a reduced price
The property requires extensive renovations and will be on sale at Bond Wolfe's upcoming livestreamed auction on July 10th.
The mid-terraced, two-bedroom home located on 53 Barker Street in Lozells and is available with a guide price of £60,000.
Senior auction valuer, James Rossiter at Bond Wolfe reasoned that the price is at the right price point considering its condition.
He said: “This is a vacant freehold property that is currently boarded up, and all interior rooms need significant works, hence the attractive guide price.”
Rossiter also pondered the potential that the property could provide to first-time buyers looking to climb the property ladder.
“It’s the kind of property that catches the eyes of first-time buyers with DIY skills and landlords willing to invest in expanding their portfolios,” he continued.
Features include: an entrance hall, two interconnected reception rooms, a kitchen and bathroom on the ground floor, with a landing and two bedrooms upstairs, and gardens front and back.
Though, for those keen to purchase the property, Rossiter shared that offers above the suggested price might be taken into consideration before the auction date in early July.