The building is in need of a fair amount of tender loving care.
According to auctioneers, the detached School Lodge on Matson Lane is in need of full renovation however it has ‘outstanding’ potential to become a characterful home(Image: SDL Property Auctions)
A historic cottage outside Gloucester, which is set by a fishing lake, is set to go under the hammer with a £45,000 price tag.
The reason the Grade II-listed two-bedroom cottage in Gloucester is set to be auctioned for such a low amount, is as the building is in need of a fair amount of tender loving care.
According to auctioneers, the detached School Lodge on Matson Lane is in need of full renovation however it has ‘outstanding’ potential to become a characterful home.
Originally the entrance lodge to the 16th-century Matson House, it took its name from when the estate served as Selwyn School for Girls from 1958 to 1997.
The house is set within the former school grounds and framed by period boundary walls and gardens. It will appear in the next live-streamed sale held by SDL Property Auctions, part of Eddisons, on 25 September.
‘While there’s no question that it needs a complete overhaul, its potential value once restored would be considerable'(Image: SDL Property Auctions)
Auctioneer and partner at SDL Property Auctions, Andrew Parker, said: “With a starting price of just £45,000, the School Lodge is a fantastic opportunity for buyers looking for a rewarding renovation project.
‘These kind of do-er upper properties that offer so much potential are eternally popular because they have the potential to create a unique home for the buyer or a smart investment'(Image: SDL Property Auctions)
“It’s something of a blank slate at the moment but has the potential to become a really attractive period home with loads of character. While there’s no question that it needs a complete overhaul, its potential value once restored would be considerable.”
Robinswood Hill nature reserve and country park is within walking distance of the cottage, with views across the Severn Vale, the Cotswolds and the Malvern Hills(Image: SDL Property Auctions)
Robinswood Hill nature reserve and country park is within walking distance of the cottage, with views across the Severn Vale, the Cotswolds and the Malvern Hills. The property is also close to schools and two miles from Gloucester city centre, which is easily accessible by bus.
Andrew added: “These kinds of do-er upper properties that offer so much potential are eternally popular because they have the potential to create a unique home for the buyer or a smart investment. Not surprisingly we’ve had lots of inquiries already about this cottage.”
For more information about the School Lodge in Gloucester, or to register to bid remotely online, by phone or by proxy, visit sdlauctions.co.uk. The auction will be live streamed on 25 September, with bidder registration closing on 24 September.
Photos: The School Lodge, Matson Lane, Gloucester, for sale with SDL Property Auctions on 25 September