Now that’s a tree house! Run-down 1960s seven bed property that’s covered in ivy and has branches growing through window goes on the market for £500,000 – but could be worth DOUBLE once it’s refurbished

• The seven-bed home in the horse-racing capital Newmarket, West Sussex is on sale for a price of £525,000
• The house is in such a state of disrepair, including a tree in the utility room, the agents are taking cash only
• However, agents Cheffins reckon that once done up the ‘dark horse’ property could sell for over £1million

Home buyers might want 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 done up.

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

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

Experts say it would be worth double its guide price once it’s been refurbished.

Property website Zoopla shows that similarly sized properties (but not in dire need of a fresh coat of paint among other repairs) on the same road can be worth from £850,000 to upwards of a million pounds.

Estate agents Cheffins are only looking for cash buyers due to the amount of work needed.

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

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

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

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

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 interior of the property hasn’t been touched since the 1960s – its wallpaper peeling off, the floorboards are bare and the kitchen units and bathroom suites are, to put it mildly, dated.

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.

There’s five bedrooms and a family bathroom on the first floor and two further bedrooms on the top floor.

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

It also comes with a stable block which could be turned into 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’s conservatory is spacious but would likely need a redesign

It also comes with a stable block which could be turned into 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’

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

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

The road the house is on is a hugely sought after address in the town, with a number of major stables built along it in the 19th and 20th centuries.

It is home to some of the UK’s largest and most famous racing establishments, including Godolphin Stables, founded by Sheikh Mohammed bin Rashid Al Maktoum, Freemason Lodge Stables and Clarehaven Stables.

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

‘It is in such a state of disrepair that there’s a tree growing through the utility room.

‘But we have had 20 viewings already – these Victorian villas don’t come on the market very often and Bury Road is the most sought after road 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.’

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

Ms Blake said that Bury Road is the sough after road 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

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’

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

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.

‘There is also a stable block at the end of the garden which could be converted. Another stable block further down the road was converted into a one-bed cottage.

‘It would need planning and change of use but that could be sold for £285,000 so that is exciting for buyers too.

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

‘We’ve already got four offers over the guide price so we’re going to best and final offers by the first week in September.’

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