Summary - 7b, St. Stephens Grove, LONDON SE13 5AJ
3 bed 1 bath Block of Apartments
Auction sale — vacant, refurbishment required, strong transport links for rental demand.
Freehold three-storey Victorian mid-terrace
Offered at auction, this three-storey Victorian mid-terrace is configured as two self-contained flats: a lower/raised ground two-bedroom and a first-floor studio. The freehold property is vacant and presents clear scope for refurbishment, rental re-letting or conversion improvements subject to planning and building consents.
The house sits close to Lewisham transport hubs (DLR, Southeastern, Thameslink) and local amenities, supporting tenant demand and short commute links to central London. A private rear yard provides external space often rare for flats at this price bracket. Nearby schools include several well-regarded primaries and secondaries, adding local appeal for family lets.
Key positives are the freehold tenure, vacant possession and evident extension/development potential (consents required). Important negatives: the property needs renovation throughout, the immediate area records higher crime levels, there is a medium flood risk, and prospective purchasers should allow time and cost for planning, refurbishment and any required permissions.
This lot suits an investor or developer comfortable buying at auction who can manage refurbishment and obtain consents. The property’s location, transport links and two-flat layout create straightforward rental or value-add opportunities, but budget and timescales must reflect remedial work, statutory approvals and local area challenges.
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