Auction sale with refurbishment potential and quick completion.
Freehold three-bedroom mid-terrace over three floors
This three-bedroom mid-terrace on Basil Street is offered for sale by modern auction and presents clear potential for buy-to-let or value-add refurbishment. The property is freehold with three floors of living space, an enclosed rear yard and on-street parking to the front — practical features for rental demand in this area.
Internally the layout is straightforward: a large lounge, fitted kitchen, downstairs bathroom and three bedrooms, including a loft-room bedroom with restricted head height. The house dates from before 1900 with solid brick walls and older double glazing; it will reward cosmetic and thermal-upgrade work but currently needs modernisation throughout.
Buyers should note this lot is sold via auction with an undisclosed reserve price and mandatory buyer fees, including a non-refundable reservation fee (a percentage of the purchase price subject to a stated minimum) plus a purchaser pack cost. The local area is very deprived with very high crime statistics, so purchasers should consider letting prospects, insurance costs and any additional security or renovation outlay when assessing returns.
For an investor or an experienced DIY buyer, the combination of low guide price, solid structure and straightforward room plan makes this a short‑term refurbishment or rental conversion opportunity. Conduct full due diligence and factor auction fees, potential insulation and repair costs, and local letting yields into your bid.
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