Cheap guide price with scope to add value through renovation.
Victorian stone mid-terrace with character facade
A small Victorian mid-terrace offered at auction with clear upside for an experienced investor or builder. The house needs an extensive programme of refurbishment but has practical value drivers: stone-built character facade, uPVC double glazing, cellar, and a compact layout that could be reconfigured to create a second bedroom.
The property is sold freehold by online auction with a guide price of £55,000–£60,000. Important sale terms include a £5,500 bidder security (used toward the deposit), a non-refundable buyers’ administration fee of £1,500, strict 20 working day completion expectations and legally binding bids. Prospective purchasers must study the legal pack and ensure funding and conveyancing are in place before bidding.
Material negatives are straightforward: the house requires extensive renovation, there is no central heating currently installed, internal decor and services show wear, and the area records high crime and very high deprivation scores. The plot and garden are small and parking is on-street only. This is a practical, low-price opportunity for someone prepared to manage a full refurbishment and the auction process.
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