Auction opportunity for refurbishment near town centre and seafront.
- For sale by auction; guide price £80,000–£90,000
- Long lease: c.972 years remaining (original 999-year term)
- 2-bedroom ground-floor flat, approx. 637 sq ft
- Requires renovation and updating throughout
- Gas central heating; double glazing (except kitchen)
- Half-share of external maintenance; ground rent £10 p.a.
- Area: very deprived with high local crime rates
- Low flood risk, fast broadband and excellent mobile signal
Offered for sale by public auction, this ground-floor two-bedroom flat sits centrally in Weston-super-Mare, within a mile of the town centre, seafront and railway station. The property has long leasehold security (original 999-year term; c.972 years remaining), mains gas central heating and double glazing to most rooms. The accommodation is best described as a period ground-floor flat with Victorian features and straightforward layout across approximately 637 sq ft.
The flat requires updating and renovation throughout — the listing notes dated fixtures and some areas lacking recent improvement (kitchen glazing excluded). This presents clear scope to add value through refurbishment or redecoration. Practical positives include low flood risk, fast broadband and excellent mobile signal, plus very low council tax (Band A) and a nominal ground rent (£10 p.a.).
Buyers should factor in auction-specific costs and conditions: guide price range £80,000–£90,000, an administration fee (approx. £900 inc. VAT) and deposit/payment terms set by the auction house. Maintenance is shared (half share of external upkeep). The wider area scores as very deprived with high local crime; these local socio-economic factors will affect rental demand, resale prospects and insurance costs.
For investors or hands-on buyers, the flat offers a low-entry opportunity to secure a long lease and create value by modernising kitchen, bathroom and finishes. For purchasers seeking a ready-to-live home without works, significant updating will be needed, so budget accordingly and commission a survey before bidding.
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