I've been advised this morning at that the vendor's position has changed. The asking price is now £142,500 and for someone who can genuinely proceed quickly there may even be a small downside on that price.
Despite the fact that some improvement works are required, this has gone from being a bit pricey to a being a very good deal. For about £150k all in you can end up with a refurbished 2 bed house that's actually worth north of £160k - so there's some added value for someone!
Full details of the property are here - https://www.rightmove.co.uk/property-for-sale/property-63620038.html. Don't worry about the rental - we'll get £700PCM comfortably for it once it's all in good order. Nice tenant, etc.
Feel free to contact me richard.baker@belvoir.co.uk with any queries.
