Summary - 21, Warren Street SR8 4NA
2 bed 1 bath Terraced
Auction lot — vacant period terrace for renovation with strong rental potential.
Freehold Victorian mid-terrace with two bedrooms
Offered for sale at online auction, 21 Warren Street is a Victorian mid-terrace with clear investor and developer potential. The property is vacant and requires renovation: boarded windows, possible roof damage and dated internal fittings indicate a need for repair and cosmetic updating. Sold freehold with an EPC C and potential to secure tenants quickly in an area of high rental demand.
This is a straightforward refurbishment project for an experienced buyer. The layout provides a sitting room, open-plan kitchen/diner, small bathroom, two first-floor bedrooms and an enclosed rear yard. Similar properties in the area can achieve around £500 pcm when refurbished, suggesting a strong gross yield if purchase and repair costs are managed carefully.
Buyers should note material cautions: the house is in a very deprived area with high local crime, no internal inspection was possible before marketing, and there may be hidden repair costs (roof, glazing, internal services). The sale is via auction (unconditional), an administration fee of £3,600 (inc VAT) is payable on exchange, and bidders must check the legal pack and verify services. Vacant possession will be given on completion.
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