Chain-free one-bedroom refurbishment project near shops and transport, sold via modern auction with buyer fees..
Chain-free one-bedroom flat, approximately 484 sqft
Requires full modernisation throughout — refurbishment opportunity
Offered at modern auction; undisclosed reserve and buyer fees apply
Non-refundable reservation fee 4.5% (min £6,600) plus information pack cost
Leasehold with ~90 years remaining; ground rent £50 pa
Central location above shops with good bus links and fast broadband
Area has high crime and higher deprivation — affects resale/rental demand
A chain-free one-bedroom apartment in Woodhall House, offered through a modern auction. The flat is compact (approx. 484 sqft) and in need of full modernisation, giving a buyer scope to update fixtures, finishes and layout to their taste. The building dates from the 1930s–1940s and benefits from double glazing and mains gas central heating.
This property suits a first-time buyer prepared to renovate or an investor seeking a refurbishment project near Welwyn Garden City amenities. It sits above a parade of shops with bus links, fast broadband and excellent mobile signal—practical for everyday living and rental demand.
Important auction and legal points: sale is via Modern Method of Auction with an undisclosed reserve, a non-refundable reservation fee (4.5% of purchase price, minimum £6,600) and additional buyer costs for the information pack. The lease has about 90 years remaining; ground rent is modest at £50. Buyers must complete due diligence and be ready to exchange within the auction timescale.
Buyers should note area-level drawbacks: the wider area scores high for crime and is classified as deprived, which may affect resale or rental demand. The flat requires refurbishment throughout and the building walls are assumed to be uninsulated, so energy improvements may be needed.