Renovation-driven buy with clear rental potential and compact rear yard.
Victorian three-bedroom terraced house with period brick facade
Boarded windows and overall condition requires full renovation
Rear yard; on-street parking only
Achievable rent estimated at £700 pcm (£8,400 pa)
Sold at online auction 24th November; administration fee £3,600 on exchange
Unknown tenure; see legal pack for disbursements and details
Located in a very deprived area with above-average crime rates
Fast broadband and excellent mobile signal in the locality
This vacant three-bedroom Victorian terrace on Station Road East is a clear renovation project for an investor or hands-on buyer. The house retains period brick frontage and a conventional layout of living room through dining room, kitchen and bathroom on the ground floor with three bedrooms upstairs. Windows are boarded and the property requires comprehensive improvement throughout.
Location sits in a small town fringe area with fast broadband and good mobile signal; local amenities, schools rated Good and public transport links are within reach. The surrounding neighbourhood is classified as very deprived with above-average crime levels, so factor that into rental and resale expectations.
Sold at national online auction on 24th November, buyers should note a £3,600 administration fee payable on exchange and possible additional disbursements listed in the legal pack. Once refurbished, an achievable rental estimate is around £700 pcm (£8,400 pa).
This property offers value-through-renovation potential: modest purchase price and a compact plot with a rear yard and street parking. It suits investors targeting rental income or buyers prepared to invest in full refurbishment; however, fees, unknown tenure and local socio-economic factors are material considerations.
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