I have come across this property which requires some major work to bring the property up to today's standard. The property us being marketed by Property Links. It has asking price of £100,000. The property is located in Lincoln Avenue in Lipson.
The property does require a lot of work to bring it up to standard. The property could be let out as a large family home and presented to a high standard could rent for in the region of £950 a month. The property is also large enough to consider as a HMO. You would need planning permission and if granted it would need a license as the property is over 2 floors and meeting the standards required would add to your refurbishment costs.
Either way if you can get this property for £100,000 you will be doing well.
More details can be found on Zoopla. http://www.zoopla.co.uk/for-sale/details/34237621
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