Well-located two-bed with balcony and refurbishment potential, sold at auction..
- Two-bedroom first-floor flat with private full-length balcony
- Approx. 659 sq ft: generous internal room sizes
- Excellent transport: Denmark Hill, Overground and many bus routes
- No onward chain; suitable for faster completion
- Mid-20th-century interiors require modernization/refresh
- Leasehold circa 89 years remaining; ground rent approx. £10
- Sold by modern auction: reservation fee and buyer costs apply
- Local area: deprived classification and above-average crime
Set on the first floor of Fearnley House, this two-bedroom flat offers practical living space, a full-length private balcony and generous room sizes across approximately 659 sq ft. The location is the main selling point: Denmark Hill rail and Overground connections are within a short walk, with fast bus links to Elephant & Castle, Vauxhall, Oval and Victoria. King's College Hospital, local schools and a wide range of shops, cafés and amenities make this a convenient base for commuters and hospital staff.
The interior reflects its mid-20th-century construction and will suit buyers prepared to modernise. The kitchen and reception room are bright with large windows, but both show dated fittings and offer clear potential to add value through refurbishment. Practical extras include double glazing (pre-2002) and good broadband and mobile signals.
Buyers should note material transactional and tenure points: the property is leasehold (circa 89 years remaining), will be sold via modern auction with an undisclosed reserve, and carries mandatory buyer fees including a non-refundable reservation fee and additional auction costs. Ground rent is nominally listed at £10 and council tax is described as cheap. The local area scores as deprived with above-average crime levels, which is an important consideration for some buyers.
This flat will appeal to investors and buyers seeking a well-located, no-onward-chain purchase with scope to improve and let or occupy. Viewing and full due diligence are advised before bidding at auction given the sale process and the need to factor in refurbishment and transaction costs.
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