Summary - 131 Hyde Park Street NE8 4QD
3 bed 1 bath Apartment
Chain-free auction project in popular Bensham — long lease and strong value potential.
Three-bedroom first-floor flat in Victorian mid-terrace
Requires full internal updating and refurbishment throughout
Sold by online auction — unconditional terms, ends 22 Aug 2025
Leasehold; no freehold reversion but very long lease (978 years)
Compact overall size (668 sq ft); room sizes are modest
EPC rating C; mains gas boiler and radiators present
Council Tax Band A — very low running cost
Situated near shops, schools and good commuter links
This three-bedroom first-floor flat on Hyde Park Street is offered for sale by online auction and presents a clear refurbishment project with strong value potential. Set within a popular residential pocket of Bensham, the property sits close to shops, leisure facilities and a range of schools, with good transport links for commuters.
Internally the flat offers a generous lounge with a decorative chimney breast, a fitted kitchen requiring modernisation, bathroom and three well-proportioned bedrooms across a compact 668 sq ft. The building is a solid-brick Victorian mid-terrace with period sash windows and some original features, though room sizes are small and overall footprint is modest.
Important practical points: the flat requires updating throughout, is sold leasehold with no freehold reversion, and will be sold under unconditional auction terms (ending 22nd August 2025 at 12pm). EPC rating is C and council tax is Band A (very low). This property suits a first-time buyer wanting a hands-on project or an investor targeting refurbishment and rental uplift.
Viewings are recommended for those who understand auction sale processes and renovation scope. The property’s long lease (978 years remaining) and chain-free status are positives, but buyers should allow budget for updating and factor in the area’s high deprivation level when considering long-term investment strategy.
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