Auction sale; rare refurbishment chance near Walthamstow Central.
3 bedrooms, lounge, kitchen and ground-floor bathroom
Requires full refurbishment throughout; significant upgrading needed
Freehold mid-terrace with small private rear garden
Scope to extend to rear, subject to planning permission
Approx 742 sq ft; overall property and plot are small
Electric room heaters; likely solid walls with no insulation
EPC reported C (71) with potential to B (87) after works
Being sold by Modern Method of Auction; Reservation Fee applies
This compact three-bedroom mid-terrace on Parkstone Road is offered for sale by Modern Method of Auction and represents a clear renovation and rental opportunity. Requiring full refurbishment throughout, the property is a blank canvas for an investor or buyer willing to upgrade kitchens, bathrooms and heating to add value and rental income.
The house is freehold and arranged over two storeys with a bay-front reception, kitchen, ground-floor bathroom, three bedrooms and a small private rear garden. There is scope to extend to the rear, subject to planning permission, offering further potential uplift on completion of works. Current heating is electric room heaters and the property has double glazing but likely solid brick walls with no cavity insulation.
Location is a strong driver: close to Walthamstow Central with fast broadband, excellent mobile signal and plentiful local amenities and schools. The area is described as established renting families with strong growth prospects, although the locality records above-average crime and general area deprivation which buyers should factor into lettings or resale plans.
Practicalities: the property will be sold at auction via the Modern Method (56-day completion/Reservation Agreement applies), and it is being marketed for the first time in 50 years. Buyers should budget for full modernisation, potential fees related to the auction reservation process and confirm mortgage suitability before bidding.
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