Summary - 14b, Granville Terrace, Wheatley Hill DH6 3JQ
3 bed 1 bath Terraced
Low-price auction opportunity for refurbishment and rental income potential.
Freehold mixed-use: ground-floor commercial, first/second floor three-bed maisonette|Vacant possession at completion|Sold at auction — unconditional sale, 10% deposit required|Buyers fee £1,500 plus any additional legal pack charges|Area: very deprived with above-average crime levels|Likely needs refurbishment; cavity wall insulation absence assumed|EPC listed as C/D; double glazing present (date unknown)|Cheap Council Tax Band A; fast broadband available
This three-storey mixed-use freehold offers a ground-floor retail unit with a separate three-bedroom maisonette above — sold with vacant possession and suited to investors or owner-occupiers prepared to refurbish. The property is offered at auction, providing a clear and fast purchase route; the guide price is low, reflecting the condition and local market.
The ground floor was last used as a hair and beauty salon and retains a traditional terraced shopfront; the maisonette has separate access and provides three bedrooms across first and second floors. Basic services include mains gas heating with a boiler and radiators, double glazing (install date unknown) and an EPC rating listed as C/D.
Key positives are the freehold ownership, vacant possession at completion, cheap council tax band and fast broadband. Material considerations: the area is described as very deprived with above-average crime, the building likely lacks cavity wall insulation, and the property will require cosmetic and possibly more substantial refurbishment to reach modern rental or owner-occupier standards.
Auction terms are important: sales are unconditional on the fall of the hammer, a 10% deposit (minimum £5,000) and a £1,500 buyers’ fee apply. Prospective buyers should review the legal pack, inspect the property, and allow for refurbishment costs and potential management needs in a higher-risk neighbourhood.
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