Auction opportunity for a cash-ready buyer seeking renovation potential near parks and transport.
Large 668 sq ft one-bedroom flat with high ceilings and period exterior features
Vacant possession — available to occupy post-completion
Requires full modernisation throughout; cosmetic and likely mechanical work needed
Lease approx. 58 years remaining — mortgage lenders may refuse to lend
Being sold at auction (probate sale) — buyer fees and possible completion charges apply
Connected to community heating and mains gas; EPC rating C
Garden included; Victorian terrace location near Clissold and Hackney Downs parks
Area has above-average crime and is relatively deprived — location considerations
This vacant one-bedroom second-floor flat offers spacious 668 sq ft accommodation in a Victorian terrace near Stoke Newington High Street. The layout includes an entrance hall, living room, kitchen/diner, bedroom and bathroom — a sizeable shell for a renovation project with high ceilings and period character visible from the exterior bay windows.
The property will be sold by online auction (4th December 2025) as a probate sale. It requires modernisation throughout and benefits from double glazing and an EPC rating of C. There is a small garden and the flat is connected to a community heating scheme and mains gas.
Important practical issues: the lease has approximately 58 years remaining — many mortgage lenders may refuse to lend on this term — and the sale carries buyer fees and possible additional completion charges. The area has above-average crime rates and is relatively deprived, although local transport links, fast broadband and excellent mobile signal are strong locational advantages.
This lot suits a buyer able to purchase at auction with cash or specialist funding, and who is prepared to carry out refurbishment work. The combination of generous internal space, Victorian character and proximity to parks, shops and rail links offers clear potential once repairs and updating are completed.
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