Chain-free Victorian terrace near Preston centre — ideal for a first-time buyer or investor..
- Three bedroom Victorian mid-terrace, freehold
- Chain-free and sold by Modern Method of Auction
- Within walking distance of city centre, station, university
- Small rear yard; no front garden, street-facing
- Double glazing fitted post-2002; mains gas central heating
- EPC rating D; likely energy improvement opportunities
- Requires cosmetic updating rather than structural works
- Auction Reservation Fee 4.5% (min £6,600) plus £300 buyer pack
A traditional Victorian mid-terrace offered chain-free and sold via the Modern Method of Auction. The house is freehold with three modest bedrooms, an open-plan kitchen/diner, downstairs WC and a small rear yard — practical for a first home or buy-to-let. Double glazing was installed post-2002 and the property benefits from mains gas central heating and fast mobile/broadband speeds.
The accommodation is compact and will suit buyers able to carry out cosmetic updating rather than major structural works; photos and the description indicate dated internal décor and finishes. EPC grade D and assumed cavity walls (no installed insulation) suggest energy improvements could be worthwhile.
Important auction conditions apply: completion within 56 days, a Buyer Information Pack fee of £300, and a non-refundable Reservation Fee of 4.5% of the purchase price (minimum £6,600). If you require mortgage finance, obtain lender advice and inspect the property and pack carefully before bidding.
Location-wise this terrace is within walking distance of Preston city centre, train station and the university, which supports rental demand. The wider area is classified as very deprived and private-renting new arrivals, factors to consider for long-term capital growth and letting risk.