A noteworthy example of an auction property transformation

In January 2021, we encountered a noteworthy example of a property auction transaction orchestrated by McHugh & Co Auctioneers. The subject property, nestled in the sought-after Leyton E10 locale, initially presented itself with a guide price of £325,000. Astoundingly, the property garnered a final hammer price of £474,000 during the auction proceedings. (See lot listing here)

The visual representation of this property's pre-renovation state is provided below:

A mere nine months following a comprehensive refurbishment endeavour, the property underwent a complete transformation, culminating in a subsequent private treaty sale for a substantial £825,000. This enhancement resulted in an impressive uplift of £351,000, a figure that excludes the costs incurred during the renovation process.

Here's what the property looked like after refurbishment:

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