This semi-detached property, featuring two bedrooms, is currently in an unfinished state and presents a prime opportunity for a comprehensive refurbishment. Situated on a secluded private road alongside 17 other bungalows, many of which have been successfully renovated and are being rented to USAF personnel, this home is part of an appealing investment portfolio. The vendor has chosen to market several unrefurbished properties in the area, providing you with the chance to add value through your own renovation vision.
The proposed floorplan reflects what could be achieved upon completion: open-plan living spaces, modern amenities including a well-equipped kitchen, and desirable features such as an ensuite bathroom. Once fully refurbished, it is estimated that the property could generate a rental income of approximately £1,215 per month.
Currently in its bare-bones condition, prospective buyers should note that this property is likely not mortgageable and would require cash offers only. Located next to the tranquil Aspal Park and within a cul-de-sac that ensures minimal traffic disturbances, this property benefits from both privacy and proximity to community resources.
For renovations, expect necessary updates across plumbing, heating installations, windows/doors replacements, and overall interior finishes. Additional details regarding management charges for maintaining the private road will also be provided. This situation not only offers a canvas for creating a beautiful home but also positions you strategically within a sought-after rental market in the East of England.