Summary - 2, CLEVELAND GARDENS NE28 0DQ
2 bed 1 bath Apartment
Auction-priced pair of 2‑bed flats ideal for investor refurbishment.
Pair of self-contained two-bedroom flats in one building
A rare auction opportunity: a semi‑detached building split into two self-contained two‑bedroom flats, offered freehold with off‑street parking and front and rear gardens. The property includes a large two‑storey rear extension, providing generous internal space and scope to reconfigure layouts or add value through modernisation.
The ground‑floor flat is offered with a tenant in situ, providing immediate rental income potential; the first‑floor flat is vacant and both require full refurbishment throughout. One flat has a recently fitted boiler (within last 12 months), but the overall condition is dated and the building is priced to allow for comprehensive renovation, redecoration, and likely services updating.
This is aimed at investors or developers prepared to manage a refurbishment project and sell on or let both flats. Note material considerations: the area is classified as deprived with a high local crime rate, council tax band A (low running costs), and the sale will be conducted by auction with a reservation fee and starting bid of £90,000. EPC rating is to be confirmed and buyers should factor in refurbishment costs, potential voids, and auction timescales into their budgets and plans.
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