Auction opportunity for cash buyers or investors near major transport links.
First-floor two-bedroom flat in Victorian mansion block
Approximately 701 sq ft with garden access
Close to Wandsworth Common and Clapham Junction transport
Leasehold with only c.56 years remaining
Mortgage lenders will likely refuse to lend on this lease length
Sold by public auction; buyers premium and admin fee apply
EPC rating E; likely energy upgrade and maintenance needs
Solid brick construction; possible lack of wall insulation
A two-bedroom first-floor flat in a handsome Victorian mansion block, set close to Wandsworth Common and Clapham Junction. The property offers a modern kitchen, garden access and character features such as bay windows and ornate brickwork. At about 701 sq ft, the layout suits a small family, sharers or a lettings investment.
Significant practical considerations apply. The flat is leasehold with approximately 56 years unexpired; mortgage lenders will likely refuse to lend and any buyer should expect to pay to extend the lease. The property is being sold at public auction with a guide price of £360,000 and carries a buyers premium of £1,560 (inc VAT) plus an admin fee of £1,500 (inc VAT).
Services are mains gas boiler and radiators, double glazing (install date unknown) and an EPC rating of E. The building is solid brick (original construction, likely without cavity insulation), so plan for possible energy upgrades and ongoing maintenance. Broadband speeds are average while mobile signal is excellent.
This sale suits a cash buyer, a specialist investor used to auction purchases, or someone prepared to manage a lease extension. Legal pack review and specialist advice on lease extension valuation are essential before bidding.
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