Budget-priced Victorian terrace with clear refurbishment and rental potential, sold at auction..
Freehold Victorian mid-terrace, three bedrooms and two receptions
A three-bedroom Victorian mid-terrace set close to Wolverhampton city centre, offered freehold via the Modern Method of Auction. The house has two reception rooms, a galley kitchen and a ground-floor bathroom across compact but practical accommodation totalling about 915 sq ft. Full double glazing and gas central heating are already in place.
This property suits an investor or a buyer willing to refurbish: internal photos and the exterior indicate dated fixtures and some roof repairs are needed. The solid brick walls are likely uninsulated and rooms are small-to-average in size, so cosmetic updating, bathroom modernisation and energy improvements would add noticeable value.
Practical points to note: the sale is by auction with a 56-day completion window and a non-refundable Reservation Fee (4.5% of the purchase price, minimum £6,600). On-street parking only; no flooding risk. The neighbourhood is an inner-urban area with high crime rates and significant deprivation, factors to weigh for rental prospects or family living.
For the right buyer this is a budget-priced period terrace with immediate rental or refurbishment potential, close to schools, amenities and transport links. Expect straightforward improvement work rather than major structural overhaul, but factor in the auction costs and fast timescale when bidding.