Low-entry renovation lot for cash buyers or hands-on investors.
- Two double bedrooms and two reception rooms
A compact two-bedroom Victorian terrace offered at a low starting bid — a clear opportunity for investors or buyers happy to renovate. The property is freehold, chain-free and offered via secure online auction, meaning a quick exchange is possible for a determined purchaser. The house includes two double bedrooms, two reception rooms, a ground-floor bathroom and a small L-shaped courtyard garden with two sheds. Double glazing and mains gas central heating are already installed.
The house requires full cosmetic modernization and some updating throughout; the living spaces are functional but dated. Structural details show solid brick walls (likely uninsulated) and the property was built c.1900–1929, so expect Victorian-era construction considerations. The area is very deprived with high local crime rates — factors that affect lettability, resale values and mortgage availability for some buyers.
This lot is sold under auction terms with upfront financial obligations: a 5% non-refundable exchange deposit, a non-refundable reservation fee (up to 6% inc VAT, minimum £7,200), and an AML ID-check charge (£24). EPC recorded as G; buyers should consult the legal pack for full auction conditions and liabilities before bidding. Fast broadband, nearby schools with Good Ofsted ratings, and on-street parking add practical appeal for rental demand.
For a buyer who can manage refurbishment costs and navigate auction purchase conditions, the property offers low entry price and immediate potential to add value through upgrading kitchens, bathroom, insulation and décor. For those unable to take on renovation or uncomfortable with auction commitments and local area risks, this is not suitable.
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