47 Nelson Gardens, Braintree, CM7 9TG

This two-bedroom maisonette presents a compelling opportunity for those looking to invest in a property that significantly undercuts local market prices. With an asking price of £70,000 translating to just £135 per square foot, this listing is 61% below the local average, making it an attractive acquisition for savvy renovators.

However, the property is in a notably poor condition, with signs of neglect and damage throughout. The living room features damaged flooring and walls, while both bedrooms show visible signs of neglect. The kitchen and bathroom are particularly challenging, exhibiting severe dampness and outdated fixtures. The garden is overgrown, further contributing to the overall need for extensive refurbishment. Despite these challenges, the layout allows for creative reconfiguration and modernization, enabling prospective buyers to truly make it their own.

Given the heavy scope of work required, including a budget of £50,000 to £80,000 for renovations, this property is suited for those ready to undertake a full-gut programme rather than a simple refresh. The solid brickwork of the exterior suggests that while the aesthetics may be dated, structural integrity remains intact, providing a stable foundation for future improvements.