Affordable two-bedroom fixer with strong rental demand and quick completion.
Two-bedroom Victorian mid-terrace with small front garden
A compact two-bedroom mid-terrace built c.1900, offered at a low starting price and sold via auction with strict 28-day completion. The property has period stone façade, original sash features, double glazing fitted after 2002 and a small front garden. Heating is mains gas with a boiler and radiators; broadband and mobile signal are both strong.
Internally the house requires updating: exposed floorboards, an ageing bathroom and signs of minor mould in the living room. Walls are stone with no assumed cavity insulation, so energy-efficiency improvements and some refurbishment will be needed despite the EPC C rating. Room sizes are modest and the overall layout suits a compact family, downsizer, or a rental let rather than those seeking larger living spaces.
This lot is attractive to investors and cash buyers who can act quickly at auction. Note the sale is leasehold, there is a non-refundable buyer’s premium of £5,000 (inc. VAT) payable within two hours of winning, and the reserve price is higher than the listed start. The surrounding area shows high crime and very high deprivation metrics; nearby primary and secondary schools are mixed in performance.
Buyers should complete full due diligence before bidding, including reviewing searches and the lease terms. The property offers clear refurbishment upside for someone prepared to modernise and improve insulation and finishes to increase rental yield or resale value.
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