Period ground-floor maisonette with garden — auction sale, needs renovation..
Chain free ground-floor two-bedroom Edwardian conversion, approx. 722 sq ft
Requires full modernisation — kitchen, bathroom and cosmetic works needed
Leasehold with 49 years remaining — may block most mortgages
For sale by auction; 4.5% non-refundable Reservation Fee applies
Shared garden and period features: bay window, high ceilings, sash windows
EPC rating C; mains gas boiler and radiators in place
Low council tax; ground rent £20 per year
Excellent transport, local shops and outstanding nearby primary school
This ground-floor two-bedroom Edwardian conversion offers period character and clear upside for a buyer happy to renovate. At about 722 sq ft, rooms are well-proportioned with high ceilings, sash/bay windows and original features that suit a sympathetic refurbishment or a quick value-add project.
The location is a strong practical draw: fast public transport links, local shops and highly-regarded primary schools (including Stewart Fleming) close by. A shared garden provides outside space in an otherwise terraced setting, and EPC C plus mains gas central heating are positive practical points for immediate occupation after works.
Important cautions are explicit: the flat is leasehold with only 49 years remaining — many mortgage lenders may refuse to lend on this term. The property needs renovation and modernisation throughout; walls are likely uninsulated and some systems (electrics, kitchen, bathroom) should be assumed to require updating. The sale is by auction (Modern Method) with a non-refundable Reservation Fee of 4.5% of the purchase price (minimum £6,600) payable on exchange and a 56-day completion window.
For investors or experienced DIY buyers this is a transparent opportunity to add value in a very desirable SE20 commuter pocket. For buyers needing mortgage finance or who prefer move-in-ready homes, the lease length and required works are significant constraints and should be investigated with a lender and solicitor before bidding.
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