This two-bedroom mid-terraced property presents a prime opportunity for investors looking to capitalize on refurbishment potential in Nuneaton. Nestled conveniently close to the town centre, this property features a traditional layout that includes a lounge, dining room, kitchen, and bathroom on the ground floor, along with two generous bedrooms upstairs. The exterior offers a courtyard-style rear garden alongside an additional lawned area, complemented by available on-street parking at the front.
Currently requiring comprehensive refurbishment throughout, this property allows for customization to meet modern standards and personal preferences. Previously rented, it holds significant promise for those interested in enhancing its value and establishing a strong rental yield; projections suggest a potential rental income of around £950 per month post-renovation. Furthermore, the anticipated resale value following updates is estimated at approximately £160,000, depending on execution quality and market conditions.
Investors and developers will find this project particularly appealing given its capacity to add substantial value through renovation efforts. Please note that damp issues have been observed within the property; prospective buyers should conduct thorough due diligence before proceeding.
