Flat B, 52 Oakley Road, Islington, London, N1 3LS

This two-bedroom flat in an attractive converted building has a clear full-gut project in front of it: the reception and bedrooms show worn finishes, the kitchen and bathroom are tired, and there is significant ceiling damage in one bedroom to investigate. In return, the separate reception, two-bedroom layout and use of an established communal rear garden give the renovation a useful starting point. The visible building exterior appears presentable, though the roof and concealed fabric are not established by the photos.

The score is 46/100 (E, Low Opportunity), with the overall case held back by the heavy works and gaps in the value assessment. Floor area is missing, so value against local £/sqf cannot yet be judged. The listing is being sold by auction at a guide price; bidding can take the hammer above the guide, so the eventual price may not stay this cheap.