Two-bedroom period house with garden and refurbishment potential in B11.
Guide price £50,000; sold by public auction with immediate exchange on fall of hammer
This vacant freehold mid-terrace period house is offered for sale by public auction with a low guide price, presenting a clear refurbishment opportunity for investors or experienced DIY buyers. The property comprises two reception rooms, kitchen, two bedrooms, bathroom and a small rear garden across approximately 722 sq ft, with gas central heating and double glazing already installed.
Situated in a very deprived area with high local crime levels, the location affects rental desirability and resale premiums. The building dates from c.1900–1929 and is solid brick with no known cavity insulation, so buyers should budget for thermal upgrades and potential general refurbishment to meet modern standards. The current Energy Performance Rating is D.
Sale is unconditional on fall of the gavel; buyers must review the legal pack and allow for the auction administration fee and any additional costs listed in the special conditions. Viewings will be block-viewing only from 20th November; the lot will be live-streamed so remote bidding is available.
For investors this is a low-entry asset with obvious scope to add value through improvement works and possible reconfiguration. For owner-occupiers comfortable with auction purchase and renovation it could become an affordable two-bedroom home, but all interested parties should make their own enquiries into local market risks and required works before bidding.
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