Affordable auction buy with strong refurbishment potential near the seafront.
Guide price £50,000–£60,000; sold at public auction with fees and deposit conditions
Long lease c.981 years; freehold owner reported as absentee
Requires modernisation throughout; mould on windows and dated decor
Electric storage heating; sandstone walls likely uninsulated
Double glazing present; install date unknown
Small front forecourt only; minimal garden/plot
Fast broadband and excellent mobile signal; very cheap Council Tax Band A
Area described as deprived; crime rates above average
This first-floor one-bedroom flat sits within a converted late‑Victorian stone terrace in South Ward, Weston‑super‑Mare, a short walk from Clarence Park and the seafront beyond. The accommodation includes a generous lounge with bay window, separate kitchen and shower room — all offering a clear canvas for modernisation or rental fit‑out. The building retains period character externally and benefits from double glazing and a long lease (c.981 years).
Sold at public auction with a low guide price, the property is suited to buyers prepared to invest time and money. The flat’s electric storage heating, likely uninsulated sandstone walls and dated internal finishes mean refurbishment is required; buyers should budget for modern heating, decoration, and possible remedial works (mould noted on windows). An absentee freeholder is recorded and an auction administration fee and deposit conditions apply — read the auction pack and legal pack closely before bidding.
Practical positives include very cheap council tax (Band A), fast broadband and excellent mobile signal, plus on‑street parking and a small forecourt. The area is urban and somewhat deprived with above‑average crime, so consider local market demand if buying to let. Overall, this is a low‑entry opportunity for a hands‑on investor or a buyer seeking an affordable seaside pied‑a‑terre who accepts refurbishment and auction purchase risks.
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