Fancying purchasing a quarter of a whole street to develop it as you please?
Seven houses are up for grabs and you can nab all of them for less than half the average house in the capital.
Located in Carlisle, Cumbria the houses boast the perfect investment opportunity for a local to decorate them to your heart’s content.
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So, if you have a dab hand at DIY and fancy a project you can stick your teeth into – look no further.
The mid-terraced houses are described as needing modernization, meaning you could be the proud owner of a whopping seven houses if you’re willing to graft.
Auction House Cumbria is overseeing the sale by private auction – with the properties initially being offered as three different lots, then combined.
Numbers 4, 6, 7, 8, and 9 Garden Street, 5 Garden Street, and 3 Garden Street will be offered initially as three separate lots and then as one combined lot.
So, if you have a big family but all fancy living on the same road but also desire space, this could be perfect for you.
Number 5 is priced at £50,000, number 3 is placed at £60,000 and 4, 6, 7, 8, and 9 are placed at £250,000 – all plus fees.
The auction is set to take place on 24 October with the option to view the properties taking place on Friday (4 October).
On the two separate lots fees consist of a buyer’s premium at £1,200 when contracts are exchanged alongside a £1,200 admin charge.
On the five-house lot, the fees include a buyer’s premium of £1200 and an admin charge of £6000 inc VAT to be paid when contracts are exchanged.
There are 28 houses on the road, as reported on Luxury Property News.
The average house price in London is £692,000.
