Contemporary one-bedroom near Norwood Junction — practical, well-specified, investor-ready.
Second-floor one-bedroom, open-plan layout with high ceilings and large windows
Approximately 590 sq ft; contemporary oak flooring throughout
125-year lease and 10-year new-build warranty included
Fast fibre broadband and excellent mobile signal—ready for modern tenants
Close to Norwood Junction station and local amenities; good lettability potential
Sold via Modern Method of Auction — 4.5% non-refundable Reservation Fee applies
Estimated service charge c. £1,000 and ground rent £250; check ongoing costs
Local area has high crime and high deprivation — factor into investment strategy
Bright, newly built one-bedroom apartment on the second floor, offering open-plan living across c.590 sq ft. Large windows and high ceilings flood the space with natural light, while oak flooring and contemporary finishes keep maintenance needs low. A 10-year new-build warranty provides added reassurance for structural or build defects.
Positioned moments from Norwood Junction station, the flat benefits from excellent transport links and fast fibre broadband—qualities attractive to renters and short-term lets. The 125-year lease gives long-term tenure security. For investors, the property’s size and layout are straightforward to manage and let.
Buyers should note the sale is by Modern Method of Auction. A non-refundable Reservation Fee of 4.5% (minimum £6,600) is payable on exchange, and completion is expected within 56 days. Estimated service charge and ground rent apply (service charge c. £1,000; ground rent £250). Check total holding costs and financing with your lender before bidding.
The local area has high crime rates and significant deprivation, which can affect tenant demand and long‑term capital growth. Nearby good schools and local amenities support lettability, but buyers should weigh rental income potential against higher management and insurance needs in this location.
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