Two-bedroom fixer with long lease and low running costs, ideal for refurbishment.
Long lease (995 years) with nominal ground rent of £2pa
Sold at online auction; immediate deposit and fees required
Administration fee 2.5% incl. VAT (min £2,500) on exchange
Requires full renovation; signs of potential damp reported
Two bedrooms, living room, kitchen, bathroom and small rear yard
Street parking; excellent mobile signal and fast broadband
Council Tax Band A — very low running tax cost
Area is very deprived; local neighbourhood classed as hampered
A two-bedroom Victorian end-of-terrace offered for sale at auction, presenting a clear refurbishment opportunity close to local amenities and schools. The property includes a living room, kitchen, bathroom, two bedrooms and a small rear yard; street parking is available. It requires renovation throughout and shows signs of potential damp in places — suitable for an investor or buyer willing to refurbish.
The long lease (995 years from 1889) and nominal ground rent (£2pa) reduce ongoing tenure costs. Council Tax Band A and fast broadband/mobile signal make the property practical for rental or resale after works. Note that all appliances and services have not been tested and buyers should rely on the legal pack and survey for condition and title details.
This lot will be sold at online auction; successful bidders must pay deposit, fees and the administration charge immediately. There is an administration fee of 2.5% incl. VAT of the purchase price (minimum £2,500) payable on exchange — check the legal pack for full disbursements. Buying at auction is a binding contract; ensure finance and due diligence are in place before bidding.
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