Spacious 1930s two-bedroom flat near Kennington — lease under 40 years; cash or lease-extension needed.
Two double bedrooms across split top two floors
A spacious two-double-bedroom split-level apartment set over the top two floors of a 1930s purpose-built block on a quiet, tree-lined street. The flat offers generous rooms, plentiful built-in storage, gas central heating and double glazing, with abundant natural light throughout its 623 sq ft. Kennington (Northern line) is only about 0.2 miles away, providing very quick links into central London.
This property will suit a cash buyer or an investor prepared to manage a short lease: there are only 38 years remaining on the lease, and mortgage lenders are likely to refuse standard residential lending unless the lease is extended. Service charge is approx. £1,600 pa and ground rent is £10 (details should be confirmed). Energy Performance is C.
Internally the apartment is largely original and will benefit from cosmetic updating and potentially a reconfiguration to maximise rental or resale value. For buyers willing to refurbish, the combination of period character, good floor area and excellent transport links creates clear upside in a popular inner-city location.
Note the material lease issue: extending the lease will be an additional cost and legal process, and lenders may require a longer lease before offering mortgages. Buyers should obtain specialist lease-extension and mortgage-advice early in the purchase process.
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