Auction purchase for investors or cash buyers seeking refurbishment and uplift potential.
First-floor one-bedroom flat, approx. 450 sq ft
A first-floor one-bedroom flat in Chessington offered at auction with a guide price of £115,000+. The property occupies a mid-terrace building from the 1930s–40s and is suited to a buyer prepared to undertake refurbishment. Accommodation includes reception room, kitchen, bedroom and bathroom across an average-sized 450 sq ft layout.
The flat sits in a very affluent, largely professional area close to local shops, Horton Country Park and Chessington North rail station. Broadband speeds are fast and mobile signal is excellent, while nearby schools receive Good to Outstanding Ofsted ratings—making the location appealing for rental demand or resale following works.
Important practical points: the lease has approximately 57 years remaining, which will limit mortgage availability and may require paying a premium to extend. The property requires renovation and may need insulation upgrades (solid brick walls assumed uninsulated). The sale is by public auction with additional buyer fees and an admin charge payable to the auctioneer.
This lot will suit experienced investors or DIY buyers who can purchase with cash or arrange specialist lending, factor in the buyer’s premium and auction fees, and budget for refurbishment and potential lease extension costs. EPC rating C is recorded; viewers should review the legal pack and lease documents prior to bidding.
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