Guide price £35,000 — auction sale on 9th September 2025
Freehold two-bedroom Victorian terrace with gas central heating
Needs renovation and modernisation; solid brick walls likely uninsulated
Recently recovered roof; double glazing fitted (unknown date)
Generous rear garden; small plot overall
High local crime and very deprived area — affects resale/rental risk
Buyer pays £1,500 contract documentation fee plus possible seller charges
Council Tax Band A; low running costs but verify all services
A traditional two-bedroom Victorian terrace on Elizabeth Street offered for auction with strong rental potential at a low guide price. The house is freehold, has gas central heating, double glazing and a recently recovered roof, making it straightforward to bring back into reliable use. A generous rear garden adds tenant appeal or scope for modest extension subject to consent.
The property requires renovation and modernisation throughout — cosmetic updating and likely some systems checks are needed. Walls are solid brick with assumed no insulation; buyers should budget for upgrading thermal performance and interior refurbishment. The area has higher crime levels and very high local deprivation, which affects resale and rental yields; this is better suited to investors used to managing lower-value lets.
This lot will be sold at auction (9th September 2025). Note an additional contract documentation fee of £1,500 (inclusive of VAT) is payable by the buyer, and there may be further seller charges detailed in the legal pack. Prospective purchasers must view the legal pack and factor auction timing and fees into their purchase costs. Services and fittings have not been tested; commission a survey and pre-auction checks before bidding.
