City-centre refurbishment with strong rental and HMO potential for hands-on investors.
- Two double bedrooms, unusually large room sizes
- Private passageway from front to rear
- Good-sized rear garden and outbuilding/store
- New mains gas central heating; EPC C
- Vacant possession; freehold title
- Requires cosmetic improvement and modernisation
- Potential HMO/student-let (subject to permissions)
- Sold at auction 27/11/2025; 10% deposit plus fees
A spacious two-double-bedroom Victorian terrace in DE22, offered freehold and sold at auction on 27 November 2025. The house has unusually large rooms for its type, a private front-to-back passageway, and a good-sized rear garden, making it well suited to rental use or an investor refurbishment.
Both bedrooms extend over the passageway, creating clear HMO or student-let potential (subject to necessary licenses and permissions). The property benefits from new mains gas central heating, double glazing and an EPC rating of C, but it currently requires cosmetic improvement throughout and some modernisation to reach rental market standards.
Buyers should be aware this sale is by unconditional auction (binding contract at fall of the hammer). A 10% deposit (minimum £5,000) and a non-refundable buyers’ fee of £1,500 apply; view the Legal Pack for additional terms. The local area is a busy, cosmopolitan rental neighbourhood with fast broadband and excellent mobile signal, but it has above-average crime levels and higher area deprivation, which can affect lettings and resale values.
This lot will appeal to investors or landlords seeking a reasonably priced, city-centre refurbishment project with immediate rental or HMO potential. Factor in refurbishment costs and licensing timescales when budgeting; the low council tax band and vacant possession are helpful short-term advantages.
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