Chain-free auction opportunity close to amenities and strong rental demand.
Mid-terrace Victorian house with private courtyard garden
Sold via Modern Method of Auction — terms and fees apply
Two bedrooms, traditional layout; approx 754 sqft overall
Leasehold with c.670 years remaining; £6 ground rent per year
Requires full internal renovation and likely heating/insulation upgrades
Double glazing present; install date unknown
No onward chain; average local crime, affluent area, strong broadband
Buyer pays reservation fee (4.5% min £6,600) and buyer pack fee
Set over two floors, this Victorian mid-terrace offers 754 sqft of traditional layout with a private courtyard garden and no onward chain. Located in S8, it sits close to shops, transport links and several highly rated schools, making it suitable for rental or an owner-occupier seeking a project. The long lease (approx. 670 years) and nominal ground rent reduce long-term tenure risk.
The property requires renovation throughout: cosmetic and likely upgrade work to heating, insulation and internal fittings. Walls are solid brick with no assumed insulation, double glazing exists but installation date is unknown, and the home will benefit from modernisation to reach its full value. Buyers should allow budget for updating the boiler, improving insulation and internal refurbishment.
This sale is by the Modern Method of Auction. The buyer must pay for and view the Buyer Information Pack, and will be charged a non-refundable reservation fee (4.5% of the purchase price, minimum £6,600) on completion of the reservation agreement. Interested buyers considering mortgage finance should check affordability with lenders before bidding and note the 56-day completion (reservation) period.
For investors, the property’s location in a private-renting neighbourhood, fast broadband and excellent mobile signal support rental demand. For a homeowner, the house offers period character (bay windows, decorative cornices) and scope to create a tailored home. Council tax and ground rent are low, but the property’s renovation needs are material and should be factored into any offer or bid.
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