3 Bed Terraced House, Station Road, BB5

Property available to rent for a handyman and his/her family or somebody who can liaise with handymen/trades to get the property to a lettable state. Please note that this property need some works by the tenant but the reduced rent and length of tenancy agreement reflect this (OVER AN AGREED TERM THE RENT WILL BE CHEAPER WHICH INCLUDES THE COST OF REPAIRS - i.e.it will be cheaper for the tenant - it is estimated that the rent saving will be 25%). The property needs to be repaired to good housing standards before a tenant can move in:
This is a 3 bed end terraced house with a rear extension in the Huncoat. It could potentially be turned into a 4 or 5 bedroom property with the conversion of a large second lounge which already has 2 doors for access. 
The house needs some refurbishment which includes:
1) New Kitchen 2) Decoration inside property 3) Floor coverings 4) Tidy garden 5) Paint garden wall 6) Paint outside of property 7) Replace kitchen window 8) Some internal architraves & doors 9) Plastering (see pics) 10) Rear yard gate 12) Gas central heating 13) Electrical check & upgrade as necessary 14) Other repairsOther repairs - to be agreed. Total cost of repairs to be up to £10,000.
The open market rent for this property is £495 per month when improved to a rental standard.
The rent for three years will be £150 per month and then market rent of £495 per month will be charged from the fourth year onward. The rent saving over the two years will be £2,500 (25% - based on £10K repairs cost)
This is an unusual arrangement and will only be open to a tenant who genuinely has the skills to repair the property or pay someone that can do it and wants to stay in the area for the long term. It is a good offer for someone who can put their hand to the improvements.
A schedule of works will be agreed. The repair works must be completed before the tenant moves into the property. A Pre Tenancy Repairs Agreement will need to be signed before work can commence.Q - why is the landlord offering this arrangement? A - The landlord has had repairs at other properties and can't afford to repair this property at the moment. Rather than leave the property empty the landlord wants to try this arrangement to see if can work for the tenant and the landlord.AN APPLICATION WITH A HOME OWNING GAURANTOR IS NEEDED.