Five-bed Victorian terrace near The Level — auction sale, strong rental potential..
Five bedrooms across three storeys, two reception rooms and loft storage potential.
A spacious mid-terrace Victorian house offered freehold and sold via a Modern Method of Auction. The property provides five bedrooms across three storeys, two reception rooms and a rear terrace garden — a layout that suits rental conversion, multi-occupancy or a family refurbishment project. Its location close to The Level, North Laine and local colleges supports strong student and commuter demand.
This sale is subject to an undisclosed reserve price and an auction reservation agreement. Buyers must pay a non-refundable Reservation Fee of 4.5% of the purchase price (minimum £6,600 incl. VAT) plus an administration fee (up to £349 incl. VAT). The buyer information pack should be reviewed carefully and independent surveys are strongly recommended before bidding.
Internally the house retains period features — bay windows, fireplaces, high ceilings and original floorboards — but will benefit from updating. There is a single main bathroom and a loft currently used for storage that offers conversion potential (subject to consents). Construction is solid brick with no assumed cavity insulation, so prospective buyers should consider thermal improvements and possible energy upgrade costs.
For investors, the property’s proximity to universities and good transport links makes it attractive for HMO or student-let conversions, subject to planning and licensing. For owner-occupiers, the layout and location offer strong long-term potential once modernised, though immediate refurbishment and professional checks are needed.