Summary - Flat 4, 15 Oliver Avenue SE25 6TY
1 bed 1 bath Flat
Auction chance near Norwood Junction with refurbishment upside for cash buyers.
Third-floor one-bedroom flat with separate reception and kitchen
Set within a Victorian semi-detached building, this third-floor one-bedroom flat offers a compact, characterful home or refurbishment project in South Norwood. The layout includes a reception room, kitchen, bedroom and bathroom across the third floor and benefits from high ceilings elsewhere in the building and period features visible from the exterior.
Transport and local amenities are a clear strength: Norwood Junction overground and rail services are within reach, local buses serve the road, and South Norwood Recreation Ground provides nearby green space. Broadband speeds are reported fast and mobile signal is excellent, supporting modern living or rental occupation.
Important practical points and risks are clear: the lease has approximately 61 years remaining, which will restrict mortgage availability and mean this property is most suitable for cash buyers or experienced investors. The flat will be sold at public auction; legal packs should be reviewed in advance. The building’s timber-frame construction is recorded as having no assumed insulation, and the EPC is D — both indicate likely improvement and running-cost work is advisable.
Vacant on completion, the flat presents straightforward refurbishment potential for resale or letting, but buyers should budget for thermal upgrades, possible internal modernisation and ensure they can proceed without standard mortgage finance. The location, period character and proximity to transport make it a practical short-term project for someone comfortable with auction purchases and short-leased assets.
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