Three-bed Victorian terrace for auction — renovation required, strong value potential for investors.
Victorian mid-terrace with period bay and high ceilings
A three-bedroom Victorian mid-terrace offered for sale by modern auction, priced to reflect required renovation work. The property retains period features—bay window, high ceilings and stone frontage—providing clear scope to add value through sympathetic updating or conversion. Sold freehold with a modest footprint and small rear garden, it suits an investor or buyer comfortable with a renovation project.
Important sale conditions: this is a modern auction listing with an undisclosed reserve price and buyer fees. A non-refundable reservation fee (4.5% of purchase price, minimum £6,600 including VAT) and other auction charges apply. Buyers must complete within 56 days and will need to pass identification and funding checks; review the Buyer Information Pack and reservation agreement before bidding.
The house requires substantial refurbishment throughout (cosmetic and likely structural/finish works) but has practical strengths: mains gas heating with boiler and radiators, double glazing (install date unknown), good mobile signal and fast broadband. The wider area is deprived with higher crime rates, which will affect rental yields and resale strategies; local schools include some rated Good and one Outstanding secondary.
This lot is best for cash buyers or experienced landlords/developers who can manage refurbishment and auction timetables. If you plan to mortgage, confirm lenders accept auction purchases and allow the 56-day completion window. Carry out a full survey and legal checks — the Buyer Information Pack may not disclose all matters.
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