PriceLinsey says ..

Property Oracle says ..

This two-bedroom terraced house in Langwith Junction, Mansfield, is currently listed for sale via livestream auction at a price of £40,000. The property is in need of substantial renovation. The images show significant water damage to at least one wall, outdated kitchen and bathroom fittings, and a generally poor state of repair. The small rear garden is significantly overgrown. The location offers proximity to Shirebrook train station and some well-regarded primary schools, but the overall desirability of the area may be a factor for potential buyers. The lack of square footage information prevents an accurate assessment of price per square foot, making a conclusive statement on value difficult. The auction format adds an element of risk to the purchase, as the final sale price could exceed the listing price. The property presents an opportunity for someone with renovation skills and experience willing to take on a project to bring the property up to a liveable standard, yet it would be a major undertaking with many unforeseen issues that could be encountered. Potential buyers must carefully weigh the considerable refurbishment costs against the relatively low starting price before bidding. Given that this is a property that requires a high degree of renovation, potential buyers should obtain a full structural survey before committing to this property.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images