Immediate rental income with tenant in place; buy at auction from £70,000+.
- Ground-floor studio flat in Victorian semi-detached building
- Producing £13,260 pa (£255 pw) under assured shorthold tenancy
- Leasehold: approx. 88 years remaining
- Guide price £70,000+; sale by public auction (13 Nov 2025)
- No internal viewings; property not inspected by auctioneer
- Area: very deprived with high local crime — assess risk
- Close to Hither Green station, Lewisham Park, and local amenities
- Fast broadband and excellent mobile signal, no flood risk
A ground-floor studio within a Victorian semi-detached building, offered for sale by public auction with an existing assured shorthold tenancy. The property produces £13,260 per annum (£255 per week), providing immediate income for a buyer seeking a lettings return. The sale is leasehold with approximately 88 years remaining and a guide price from £70,000.
This lot has not been internally inspected and comes with no internal viewings; all information is vendor-supplied and buyers should consult the legal pack before bidding. The flat sits on a residential road close to local shops, Lewisham Park and Hither Green rail station, with fast broadband and excellent mobile signal supporting rental demand.
Important risk factors: the area is classified as very deprived with high local crime levels, and the sale is subject to auction procedures and public notice/repossession. This is best suited to experienced investors comfortable buying at auction with limited on-site access and who will review tenancy terms and lease length carefully.
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