Value purchase for investors prepared to renovate and manage auction buying.
755 sq ft two-bedroom leasehold flat, multi-story layout
A two-bedroom leasehold flat offered via online auction, presented as a value opportunity for buyers comfortable with renovation and auction purchase terms. The property occupies 755 sq ft across a multi-story layout with a porch, entrance hall, spacious lounge, kitchen/diner, utility area, conservatory, bathroom and separate WC. Period features remain externally and internally, with a mixture of modern kitchen fittings and areas that need attention.
The building shows visible exterior plaster damage and a worn driveway; internal updates are needed in places despite the kitchen’s modern tiles and cabinets. The flat is in a very deprived, transitional neighbourhood with above-average crime rates, so future rental or resale should factor in location risk and refurbishment costs. There is no flood risk and broadband speeds are reported fast, which supports lettings or home working.
This is suited to investors or hands-on buyers seeking a lower entry price and willing to manage improvement works after purchase. The sale will be by online auction — bidders must review the legal pack and register beforehand. Nearby schools include several primary and secondary options, and local amenities and transport links are close by, which supports occupier demand once upgraded.
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