Searching for a family-sized fixer-upper? This bargain buy has plenty of square footage to play with
Found in Stockton-upon-Tees, this attractive Victorian townhouse for sale offers a whole lot of space for a pretty small price tag.
READ MORE: Dirt cheap abandoned homes that'll make perfect fixer-uppers
Billed as an eight-bedroom house, it looks as though it may have been previously let out on a room-by-room basis, however, there's a whole host of ways an ambitious buyer could reimagine the floorplan.
While it’s clearly in need of a revamp, the reinforced beam in the kitchen ceiling suggests that at some point in the not-so-distant past the structure has been strengthened, which is a good sign.
Family home in the making
The promising bargain property would be relatively simple to turn into a family home – the two sizeable bedrooms leading off from the downstairs hallway could easily be transformed into large reception rooms.
However, one of the spaces has some tell-tale signs of damp at the foot of the wall, so it would be worth getting a surveyor to check out the property before you sign on the dotted line.
On the other hand, its central location within half a mile of the train station and even closer to the town hall and River Tees would make the property a prime candidate for development into either a high-end house in multiple occupation (HMO) or several flats.
There are currently two bathrooms, and while somewhat dated and worse for wear, it's reassuring to see that there's already plumbing in place for multiple bathrooms.
Featuring swathes of windows, the light-filled top floor is smaller than the ground and first floors, though you may be able to extend if you wanted to add a little more space to this level, subject to planning permission.
Development possibilities
There are already quite a lot of studio flats for rent in the area, so if you’re keen to turn this huge home into a rental investment, it might pay to opt for larger flats to stand out in the market and increase your appeal to potential tenants.
Generously proportioned, the layout would lend itself well to being converted into two or three flats. The ground floor leads out to a yard, so there's plenty of potential to create a lovely garden flat here.
Fancy turning your hand to transforming this fixer-upper? Check out the full listing with Manners & Harrison on Rightmove.
READ MORE: Dream home transformations you won't believe
All images: Manners & Harrison / Rightmove