Low-price auction opportunity for experienced refurb investors.
One-bedroom ground-floor flat in converted Victorian terrace
Close to Stockton town centre, shops and public transport
High ceilings and original period features remain
Seller reports damp and ceiling damage; needs renovation
Sold as seen — no internal inspection by auctioneer
Leasehold — consult legal pack for lease length and charges
High local crime rate; area marked very deprived
Auction sale on a fixed date; cash or finance risk for bidders
A one-bedroom ground-floor apartment in a converted Victorian terrace offered at auction. The building retains period features and high ceilings; the seller reports damp and ceiling damage in the living area and the property requires renovation and updating throughout. The flat is leasehold — check the legal pack for lease length, service charges and any restrictions before bidding.
Positioned close to Stockton town centre with fast broadband and excellent mobile signal, the location suits short-term lets or buy-to-let investors targeting students and professionals. Good local transport links and nearby amenities add lettability, while several well-rated primary and secondary schools are within easy reach.
This lot will be sold as seen with no internal inspection by the auctioneer; bidders accept the risk of unknown defects. The low guide price reflects condition and local area deprivation; careful due diligence on title, lease terms and repair costs is essential. Suitable for cash buyers or investors experienced with refurbishment and auction purchases.
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