Two-bed Victorian terraced fixer-upper — auction sale, cash or seasoned investors preferred.
Victorian stone mid-terrace with front garden and period character
Two bedrooms, one bathroom — straightforward layout for refurbishment
Requires full renovation; dated fittings and general modernisation needed
Leasehold tenure — check remaining term and ground rent
Being sold at online auction; unconditional sale, 28-day completion
Buyers’ premium £4,800 payable on completion of the auction purchase
No flood risk; fast broadband and excellent mobile signal
Area classified as deprived/hampered — impacts resale and tenant profile
This Victorian mid-terrace on Pine Street is a two-bedroom, one-bathroom property offered at auction with significant renovation potential. The stone exterior and front garden provide period character and kerb appeal, while the internal layout offers straightforward conversion or modernisation opportunities for resale or rental.
Important sale terms affect suitability: the property is leasehold, will be sold at online auction on unconditional terms with a strict 28-day completion, and a buyers’ premium of £4,800 (including VAT) is payable by the purchaser shortly after winning. The published starting price is £70,000; the reserve is higher and unpublished. These conditions suit experienced investors or cash buyers prepared for a quick, binding purchase.
The house needs updating throughout — a genuine fixer-upper with dated fittings and decoration, and clear renovation work required to bring services and interiors up to modern standards. Positive practical points include no flood risk, fast broadband and excellent mobile signal, low-maintenance external areas, and very low council tax, which reduce running costs during refurbishment or between lets.
The property sits in a deprived, ‘hampered aspiration’ neighbourhood; this limits some buyer profiles but also supports strong rental demand and price growth potential for buyers who can add value. Good local schooling includes an Outstanding-rated primary nearby, and local amenities and transport links are within reach, supporting lettings to families or commuting tenants.