A three-bedroom home in Grangetown is up for auction with a starting bid of £10,000, ideal for investors looking for a property with rental potential.
Teesside: A three-bedroom home in Grangetown is going up for auction this month. It’s being called a ‘potential investor opportunity’ and has a starting bid of just £10,000.
This semi-detached house on St Georges Road West has gardens in the front and back. It’s close to many amenities and has great public transport links, even though it needs some work.
The auction is set for February 3, and the property is listed with Auction House, Lincolnshire. It’s described as having a larger than average plot in a popular area with strong rental demand.
The listing mentions that some modernisation is needed, but this is a chance to add value. Once renovated, it could potentially rent for up to £650 a month, which is about £7,800 a year.
If you want to see the full listing or register for bidding, you can find more details online.
