Three-bed Victorian terrace for auction — bargain price but needs full modernisation..
- Vacant freehold mid-terrace, 3 bedrooms, ~1,308 sq ft
- Guide price £40,000; sold at auction 11 Sept 2025
- Requires full modernisation; heating by room heaters
- Energy Performance Rating F; insulation likely absent
- Double glazing present; installation date unknown
- Medium flood risk; check insurance and mitigation costs
- Small plot with foregarden; traditional Victorian build
- Located in very deprived area — consider rental demand
Priced with an auction guide of £40,000, this vacant three-bedroom mid-terrace in Balsall Heath is a clear investment for a buyer comfortable with renovation and auction purchase conditions. The property sits on a small plot behind a foregarden and offers a traditional layout: two reception rooms, kitchen, three first-floor bedrooms and a bathroom. At about 1,308 sq ft, room sizes are practical and the solid brick Victorian build gives scope to retain period character while updating services.
The house requires full modernisation: heating is by room heaters and mains gas, walls are solid brick with assumed no insulation, and the Energy Performance Rating is F. Double glazing is present but installation date is unknown. Medium flood risk is recorded and the area is described as very deprived, both factors to consider for insurance, financing and long-term rental demand.
Sold freehold with vacant possession and offered at public auction (11 September 2025), this lot suits an investor or experienced developer able to budget for refurbishment, compliance works and auction-related costs. Viewings are available on set dates; bidders should study the legal pack, factor the auction administration fee and be prepared to exchange on the fall of the hammer. For the right buyer this property offers acquisition at a low entry price with scope to add value through modernisation and let/rent repositioning.