#UK Run-down 1960s semi in Newmarket on the market for £500k but could be worth DOUBLE once refurbished #UKnews

#UK Run-down 1960s semi in Newmarket on the market for £500k but could be worth DOUBLE once refurbished #UKnews

#UK Run-down 1960s semi in Newmarket on the market for £500k but could be worth DOUBLE once refurbished #UKnews

Home consumers would possibly need to have a punt on a semi-detached fixer-upper in the capital of the horse racing world that could be worth £1million after being completed up.

The seven mattress house, in Newmarket, West Suffolk, named Eastcote has gone up for sale for the first time in 50 years for £525,000.

The home is in want of full refurbishment, as it’s lined in ivy and even has a tree rising by the utility room. 

Experts say it will be worth double its information worth once it has been refurbished.

Property web site Zoopla exhibits that equally sized properties (but not in dire want of a contemporary coat of paint amongst different repairs) on the similar street can be worth from £850,000 to upwards of one million kilos.

Estate brokers Cheffins are solely wanting for money consumers resulting from the quantity of labor wanted.

The seven-bed home, in Newmarket, West Suffolk, named Eastcote (pictured) has gone up for sale for the first time in 50 years for £525,000

The seven-bed house, in Newmarket, West Suffolk, named Eastcote (pictured) has gone up for sale for the first time in 50 years for £525,000

The semi-detached house has a generous garden, which is currently completely overgrown

The semi-detached home has a beneficiant backyard, which is at present fully overgrown

Aside from needing a few fresh coats of paint, the bathroom design is rather dated

Aside from needing a number of contemporary coats of paint, the toilet design is reasonably dated

Once renovated, the property could be worth as much as one million pounds

Once renovated, the property could be worth as a lot as a million kilos

The interior of the property hasn't been touched for about 40 years and is wallpaper peeling off, the floorboards are bare

The inside of the property hasn’t been touched for about 40 years and is wallpaper peeling off, the floorboards are naked

The house is in need of complete refurbishment, as it is covered in ivy and even has a tree growing through the utility room

The home is in want of full refurbishment, as it’s lined in ivy and even has a tree rising by the utility room

The inside of the property hasn’t been touched since the 1960s – its wallpaper peeling off, the floorboards are naked and the kitchen items and loo suites are, to place it mildly, dated.

The property has over 3,000 sq ft of lodging with an entrance corridor, kitchen/breakfast room, eating room, drawing room, front room and conservatory on the floor flooring and a basement under.

There’s 5 bedrooms and a household toilet on the first flooring and two additional bedrooms on the high flooring.

The semi-detached home has a beneficiant backyard, which is at present fully overgrown.

It additionally comes with a secure block which could be become an annexe or separate property with planning permission.

The property has over 3,000 sq ft of accommodation with an entrance hall, kitchen/breakfast room, dining room, drawing room, living room and conservatory on the ground floor and a basement below

The property has over 3,000 sq ft of lodging with an entrance corridor, kitchen/breakfast room, eating room, drawing room, front room and conservatory on the floor flooring and a basement under

The property's conservatory is spacious but would likely need a redesign

The property’s conservatory is spacious but would seemingly want a redesign

It also comes with a stable block which could be turned into an annexe or separate property

It additionally comes with a secure block which could be become an annexe or separate property

Lauren Blake, from Cheffins, said: 'Eastcote does need everything done to it. We are only pitching to cash buyers because of the work needed'

Lauren Blake, from Cheffins, mentioned: ‘Eastcote does want all the things completed to it. We are solely pitching to money consumers due to the work wanted’

#UK Run-down 1960s semi in Newmarket on the market for £500k but could be worth DOUBLE once refurbished #UKnews

If you bought Eastcote you might be inclined to rip out the current kitchen furnishings and replace them with new ones

If you got Eastcote you would possibly be inclined to tear out the present kitchen furnishings and substitute them with new ones

The generously sized garden is overgrown and in need of some green fingers

The generously sized backyard is overgrown and in want of some inexperienced fingers

The street the home is on is a vastly wanted tackle in the city, with a lot of main stables constructed alongside it in the nineteenth and twentieth centuries.

It is house to a few of the UK’s largest and most well-known racing institutions, together with Godolphin Stables, based by Sheikh Mohammed bin Rashid Al Maktoum, Freemason Lodge Stables and Clarehaven Stables.

Lauren Blake, from Cheffins, mentioned: ‘Eastcote does want all the things completed to it. We are solely pitching to money consumers due to the work wanted.

‘It is in such a state of disrepair that there is a tree rising by the utility room.

‘But now we have had 20 viewings already – these Victorian villas do not come on the market fairly often and Bury Road is the most wanted street in Newmarket.

‘It hasn’t been touched for about 40 years so the property nonetheless has a number of the unique options like forged iron fireplaces, ceiling roses and movie rails.’

Lauren Blake from estate agent Cheffins said that the property has already had 20 viewings

Lauren Blake from property agent Cheffins mentioned that the property has already had 20 viewings 

Ms Blake said that Bury Road is the sough after road in Newmarket

Ms Blake mentioned that Bury Road is the sough after street in Newmarket

'It hasn't been touched for about 40 years so the property still has a lot of the original features like cast iron fireplaces, ceiling roses and picture rails,' she said

‘It hasn’t been touched for about 40 years so the property nonetheless has a number of the unique options like forged iron fireplaces, ceiling roses and movie rails,’ she mentioned

She added: 'Once done up you'd be looking at just over £1m so the ceiling is however much you want to spend on it really'

She added: ‘Once completed up you’d be simply over £1m so the ceiling is nevertheless a lot you need to spend on it actually’

#UK Run-down 1960s semi in Newmarket on the market for £500k but could be worth DOUBLE once refurbished #UKnews

''This is the only one in that row of houses that hasn't been renovated. It's a bit of a dark horse'

”This is the just one in that row of homes that hasn’t been renovated. It’s a little bit of a darkish horse’

She added: ‘Once completed up you’d be simply over £1m so the ceiling is nevertheless a lot you need to spend on it actually.

‘There can be a secure block at the finish of the backyard which could be transformed. Another secure block additional down the street was transformed right into a one-bed cottage.

‘It would want planning and alter of use but that could be bought for £285,000 so that’s thrilling for consumers too.

‘This is the just one in that row of homes that hasn’t been renovated. It’s a little bit of a darkish horse.

‘We’ve already bought 4 affords over the information worth so we will greatest and closing affords by the first week in September.’

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