In the North East of England, theres a point where these houses aren't even worthwhile purchasing to rennovate. Houses can be purchases easily for £60k but require at least that to modernize. But while you've done well to purchase a house for £120k, it doesn't reflect in the local market.
The solution would be to knock the house down and build a modern one on the reclaimed land. But you've just bought a mid-terrace, so that's out of the question.
The solution would be to knock the house down and build a modern one on the reclaimed land. But you've just bought a mid-terrace, so that's out of the question.