Vacant long-lease flat ideal for refurbishment or rental investors.
Long lease — 990 years, vacant on completion
Ground-floor one-bed with reception, kitchen and bathroom
Requires full modernisation throughout
EPC rating C; gas central heating present
Double glazing installed (pre-2002)
Communal gardens; purpose-built block
Sold at public auction — buyer to read legal pack
Area: very deprived with high local crime rates
A vacant ground-floor one-bedroom flat offered with a very long 990-year lease and vacant possession on completion. The property sits in a purpose-built block with communal gardens and benefits from gas central heating and double glazing. Its EPC rating is C, and broadband and mobile signals in the area are strong.
The flat requires modernisation throughout, making it suitable for an investor or buyer wanting a low-entry refurbishment project. Accommodation comprises hall with store, reception room, kitchen, bedroom and bathroom/WC. The flat’s mid-terrace block is set in communal grounds and has practical, standard-height rooms.
Buyers should note this lot is being sold at public auction—pre-auction offers may be considered, and purchase will be subject to auction conditions including an administration fee and the need to inspect the legal pack. The surrounding area is classified as very deprived with high local crime rates, which will affect resale or rental prospects and should be factored into any investment appraisal.
Positive attributes include the long lease, vacant possession and basic heating and glazing already in place; negatives are the required renovation, the block’s assumed solid brick walls with no insulation, and wider area socio-economic challenges. This is a practical purchase for a buyer planning refurbishment for rental or resale rather than for someone seeking a move-in-ready home.