One-bedroom leasehold flat for investors needing full refurbishment — cheap guide price, sold at auction.
Guide price: £8,000 — sold at online auction
Priced for a quick sale at auction, this vacant one-bedroom leasehold flat offers a large overall footprint (approx. 960 sq ft) and communal garden areas. Located in a two-storey mid-20th-century block in Wednesbury, the accommodation comprises a living room, kitchen, bedroom and bathroom. Fast broadband and excellent mobile signal make it suitable for modern connectivity needs.
This property requires full refurbishment throughout and is being sold as seen. The building and flat need modernisation; buyers should allow for renovation costs and check the legal pack for lease details. The area has above-average crime levels and is classed as very deprived, which will influence rental demand and resale values.
Ideal for cash buyers or experienced investors looking for a low-entry auction purchase with immediate refurbishment potential. Viewings are scheduled prior to the auction — inspect in person and review the legal pack carefully to confirm tenure, service charges and any restrictions before bidding.