Auction sale with strong rental potential for hands-on buyers.
- Two-bedroom mid-terrace, approx 786 sq ft, freehold
- External insulation, pre-2002 double glazing, mains gas heating
- Long rear garden and potential off-street parking
- Requires full internal modernisation throughout
- Sold at auction; admin fee £2,400 payable on exchange
- Quoted potential rental income £8,400pa
- Medium flood risk; area records high crime levels
- EPC rating D; very deprived wider area
A budget-priced two-bedroom mid-terrace offered for auction with clear investment potential. The house has been updated with external insulation, double glazing and gas central heating, reducing immediate major outlay, and sits on a long rear garden with off-street parking potential. An expected rental income of £8,400pa is quoted, making this attractive to buy-to-let buyers after refurbishment.
The property requires full modernisation: the kitchen and bathroom are dated, internal finishes need renewal and some external maintenance is evident. Flood risk is assessed as medium and the area records high crime and very high deprivation; these are important factors for both owner-occupiers and landlords when assessing rent levels and insurance costs.
Sale is by auction (commencing 27th October), with open-house viewings on listed dates. Buyers should budget for the £2,400 administration fee payable on exchange and check the legal pack for any additional disbursements. The freehold tenure, EPC rating D, and good transport links (near M18 and local train station) support rental demand but factor refurbishment costs and local market conditions into offers.
This property suits an investor or hands-on buyer prepared to renovate to achieve the quoted rental yield or to create a comfortable two-bedroom home in a popular suburban location close to local schools and services.
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