Summary - Flat Above, 7 Market Street PE13 1EX
2 bed 1 bath Flat
Town-centre mixed-use property with shop, basement and two-bed flat — auction sale, refurbishment needed.
Shop with basement storage and separate two-bedroom flat above
No onward chain; vacant possession simplifies transfer
Sold at auction – undisclosed reserve and buyers’ fees apply
Non-refundable Reservation Fee 4.5% (minimum £6,600) on completion
Grade II listed — alterations likely need consent and limit works
No central heating system present; electric heaters assumed
Solid brick walls with no insulation; refurbishment and insulation needed
High local crime and area deprivation — consider insurance/security costs
A mixed-use mid-terrace on Market Street offering a ground-floor shop with basement storage and a two-bedroom flat above. The central location gives strong footfall potential for a small retail business or short-term lettings; the property is sold with vacant possession and NO ONWARD CHAIN.
The building is Grade II listed and constructed c.1900–1929, with original solid-brick walls and secondary glazing. There is currently no central heating system (electric heaters assumed) and the property will need updating and insulation work. Those factors, plus the listed status, mean refurbishment will require careful budgeting and listed-building consents where applicable.
Sale is via Modern Auction. An undisclosed reserve price applies and buyers must pay a non-refundable Reservation Fee (4.5% of the purchase price, minimum £6,600) plus buyers’ fees. A Buyer Information Pack is available but prospective purchasers should complete independent due diligence and service checks before bidding.
This is a clear opportunity for investors or owner-occupiers seeking a town-centre commercial/residential unit with storage and a courtyard garden. The location’s high footfall and very low council tax are positives, but the high local crime rate, area deprivation and the property’s refurbishment needs are important considerations.
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