Summary - Flat 3, 31 Balham Hill SW12 9DX
1 bed 1 bath Studio
Moments from Clapham South station with bright rooms and clear refurbishment upside.
- 366 sq ft studio with high ceilings and large windows
- Needs full modernisation — clear scope to add value
- Lease 75 years remaining; lenders may refuse mortgage offers
- Sold at auction via Secure Sale; immediate exchange possible
- High local crime rate; factor into lettings and insurance
- Close walk to Clapham South station, commons and shops
- Service charge £400 pa; ground rent £200 pa; council tax Band B
A compact, characterful studio in a Victorian conversion just off Clapham South, offered at auction via Secure Sale with immediate exchange available. Large windows and high ceilings create a bright, airy space; the flat is small (366 ft²) and requires full modernisation, giving clear scope to add value for a hands-on buyer.
This property sits within easy walking distance of Clapham and Wandsworth Commons, Clapham High Street, Balham and Abbeville Village, and is well served by public transport and local amenities. Fast broadband and excellent mobile signal support rental demand in this inner-city, cosmopolitan neighbourhood, making it suitable for buy-to-let or a pied-à-terre.
Important considerations: the lease has 75 years remaining — a level that will likely prevent many mortgage lenders from lending and will complicate standard financing. The flat also needs renovation, and the local crime level is high; these are practical issues for both investors and owner-occupiers to factor into cost and exit plans. Service charge and ground rent are modest (£400 and £200 pa respectively), and council tax is low (Band B).
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