Budget-friendly auction lot for buyers seeking a refurbishment or rental return.
Vacant two-bedroom first-floor flat, chain-free and ready for auction purchase
Sold at auction — buyers must register and check lease terms beforehand
Compact footprint ~532 sq ft; rooms are small, suited to rental or first purchase
Leasehold tenure — confirm lease length, ground rent and service charges
Basic, dated condition; requires cosmetic updating and potential energy upgrades
Solid-brick construction likely uninsulated — consider insulation costs
Area is very deprived with very high crime statistics — affects lettings
Private rear yard; EPC rating C and very low council tax band A
Offered at auction, this vacant two-bedroom first-floor flat on Salisbury Street suits investors or buyers seeking a low-entry purchase. The property is chain-free and currently empty, with gas central heating, double glazing and a small private rear yard — basic services that support immediate rental occupation once minor works are completed.
The flat sits in a red-brick Victorian terrace and provides compact living across approximately 532 sq ft. Accommodation includes a lounge, fitted kitchen with rear yard access, two small bedrooms and a bathroom. The finish is dated and practical rather than stylish; cosmetic updating and some modernization would improve rental yield and long-term value.
Important considerations: the home is leasehold and will be sold at auction, so bidders should check lease terms and ground rent/service charges before purchase. The wider area scores high on deprivation and recorded crime is very high, factors that affect tenant demand and rental assumptions. The building’s solid brick walls likely lack modern insulation and will need energy-performance improvements over time.
This property presents a straightforward refurbishment/investment project in a coastal town with decent transport links and local schools. Investors should budget for upgrades (decor, possible services testing and energy works) and verify lease details and any required legal searches prior to bidding.
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