Five-bed Victorian terrace arranged as two flats — auction sale, refurbishment opportunity for investors.
Sold by online auction — bids by 11am 24th Sept 2025
This mid-terraced Victorian townhouse is offered for sale at traditional online auction — bids by 11am on 24th September 2025. The property is arranged as two separate flats: a one-bedroom ground-floor flat and a four-bedroom first/second-floor maisonette. Total internal area is about 1,781 sq ft, with period features such as high ceilings, sash-style windows and fireplaces providing character and rental appeal.
Gas central heating with condensing boilers and double glazing (fitted post-2002) are already in place, meaning basic heating and glazing improvements are done. The building is of traditional granite/whinstone construction (likely uninsulated in the walls), so adding insulation and updating finishes would improve energy performance and tenant comfort. A small courtyard offers limited outdoor space but no substantial garden.
This property suits investors or landlords targeting students or young families in a city-centre neighbourhood: good broadband and excellent mobile signal support modern tenancy needs, and nearby schools and local amenities increase lettability. The layout allows continued use as two flats or conversion to an HMO subject to licences and compliance.
Material drawbacks are straightforward: the property is leasehold, located in a very deprived area with high crime rates, and photos indicate wear and plaster/finish repairs will be needed throughout. No significant external amenity is visible. Prospective buyers should allow budget for refurbishment, possible insulation works, and any HMO compliance or leasehold costs before bidding.
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