The cheapest property for sale in Nottingham right now is a major fixer-upper
The city centre three-bedroom house is described as an “investment opportunity”
Getting on the property ladder isn’t easy, particularly if you’re looking to move into a city centre or lucrative neighbourhood.
Many first-time buyers dream of moving into a new-build, but sadly it’s those properties which often command the highest prices.
If you’re looking to buy your first place, sometimes you might need to be brave and go for somewhere that can slowly be brought up to your desired standard.
Read more: Nottingham property
Although some properties might not initially look too appealing, by investing some time, money and creativity, you could shape your ideal home.
We’ve been doing some digging and the cheapest freehold house for sale in Nottingham right now is a three-bedroom terrace in Sneinton Boulevard, to the east of the city centre.
When it goes to auction, the house will have a starting price of just £80,000.
Just a short distance from the city centre, the house is in an ideal location for commuting to work.
With the house comprising three floors, the new owner will have plenty of space for their money.
Key features include a kitchen/diner, cellar and rear yard.
There are two bedrooms on the first floor and one on the second floor.
Clearly, the interior will need major renovation work completed before the house becomes suitable for an occupant.
The auctioneers, Yopa, say that the property can only be purchased by a cash buyer and describe it as an “investment opportunity”.
YOPA also offers a buy-it-now feature where you can make an offer and purchase the property before the auction date.
The tenure is freehold, so the new owner will own the property and the land it’s built on.
There is no chain connected to the house, meaning the purchase won’t be reliant on the successful sale of another property.
You can view the property or book a viewing on Rightmove.