Freshly refurbished, chain-free period home sold via auction — buyers must factor auction fees.
Spacious mid-terrace: three bedrooms, two receptions
A spacious traditional mid-terraced home on Frederick Street, recently refreshed and offered chain-free via auction. The house has three good-sized bedrooms, two reception rooms and a fitted kitchen, with double glazing and gas central heating. Interiors are freshly decorated and carpeted, retaining Victorian features such as a fireplace and high ceilings.
This sale is by the Modern Method of Auction — buyers should note the Reservation Fee (4.5% of the purchase price, minimum £6,600) plus a separate buyer pack fee and completion within a 56-day reservation period. The auction date is fixed, so successful bidders must be ready to proceed and factor auction costs into affordability calculations.
Practical positives include a generous internal footprint (c.1,454 sq ft) and a low-maintenance rear yard. Downsides to weigh: the property sits in a very deprived area with high recorded crime, the mid-terrace has solid brick walls likely without cavity insulation, and the small plot limits outside space. While recently renovated internally, further energy-efficiency improvements could be desirable.
This home suits investors seeking lettable stock close to the coast and local amenities, or buyers wanting a move-in-ready period home who understand the auction process and associated fees. Viewings are recommended to assess condition and potential before bidding.
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