Initial price	£600,000
14/11/25	£490,000
Price Change	-18.33%

This substantial detached character property, located on Victoria Road North, is currently arranged as two large self-contained HMO apartments, each with en-suite facilities, and is fully let, producing a lucrative gross annual yield of around 9.5%. The property, which dates back to around 1900, has a bold double-fronted design with brick elevations and a modern tiled roof, and stands behind a shallow forecourt and a generous garden with side pedestrian access. The apartments are currently let to students, with the Ground Floor Flat letting for £2,100 pcm and the First Floor Flat letting for £1,650 pcm, both for a period of 10 months, expiring on June 30, 2026. The property has planning consent for HMO use and has been well-maintained, with modern appliances and double-glazed windows throughout. The guide price for the property is £470,000-£490,000, and it is being sold by public auction on January 15, 2026, unless sold prior.