Compact investment opportunity near Clapham Common for cash buyers and renovators.
Vacant second-floor studio flat, approximately 363 sq ft.
Guide price £160,000+; sale by public auction.
Around 74 years remaining on the lease — lenders may refuse mortgages.
Best for cash buyers or investors familiar with lease extensions.
EPC rating C; mains gas boiler and radiators present.
Close to Clapham Common, Clapham South tube, and Wandsworth Common rail.
Victorian mid-terrace with period brickwork; potential for refurbishment.
Local crime levels reported high — consider security measures.
This vacant second-floor studio is offered at auction with a guide price of £160,000+. It occupies a Victorian mid-terrace on Balham Hill, moments from Clapham Common and local shops, with good transport links to Clapham South tube and Wandsworth Common rail.
The flat is compact (approximately 363 sq ft) and arranged as an open studio with a separate kitchen and bathroom. Heating is via mains gas boiler and radiators, double glazing is fitted, and the EPC is band C — useful practical features for a buy-to-let or refurbishment project.
A material drawback is the short lease: approximately 74 years remaining. Mortgage lenders are likely to refuse lending against this lease length; purchasers should expect to pay a premium to extend the lease if they want 90+ years. The property is sold at public auction and is best suited to cash buyers or investors familiar with leasehold extension costs and auction purchase processes.
High local crime statistics are noted for the area; weigh this against the strong nearby amenities and excellent mobile and broadband connectivity. The building’s solid brick Victorian construction offers period character and potential to add value through sensitive refurbishment, but buyers should budget for lease-extension costs and any modernization works.
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