Auction refurbishment opportunity with clear rental upside near amenities.
Four separate one-bedroom flats, each with its own bathroom
Sold freehold at auction on 27th October 2025
Requires full refurbishment throughout — significant works needed
Located in a very deprived area with very high crime rates
Small plot size; limited outdoor space or parking potential
No flooding risk; excellent mobile signal, fast broadband
Council tax described as very cheap, aiding short‑term costs
Urban location close to amenities, transport and the seafront
For investors seeking a value-led project, this freehold end-terrace on Yates Street is a four-flat block offered at auction. Each of the four one‑bed flats has its own bathroom, presenting straightforward rental units once refurbished. The property will be sold at auction on Monday 27th October 2025.
The building requires full refurbishment throughout — a blank canvas for modernisation and reconfiguration. Benefits include excellent mobile signal, fast broadband speeds and urban proximity to local amenities, transport links and the seafront. There is no flooding risk and council tax is very cheap, helping running costs while works are completed.
Material drawbacks are clear and should be factored into purchase and refurbishment budgets: the area is very deprived with very high crime rates, the plot is small, and the property needs significant investment to bring the flats to modern standards. The sale is aimed at experienced investors or refurbishing buyers comfortable buying at auction and managing a full renovation.
This is a practical, high‑upside refurbishment play rather than a move‑in home. If you have a refurbishment plan and can manage works in a challenging local market, the block offers potential for improved rental income and capital gain after modernisation.
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