Affordable central South London flat with private garden and easy station access.
- Ground-floor 2-bedroom flat with private rear garden and balcony
- 564 sq ft (approx) suitable for couple or rental let
- Leasehold: 124 years remaining; low ground rent £10
- Service charge £844 per year (below average)
- Sold via modern auction; reservation fee and buyer pack apply
- EPC E and electric room heaters; energy efficiency improvements likely
- Mid-20th-century building; internal modernisation expected
- High local crime rate and area deprivation reported nearby
A two-bedroom ground-floor flat in SE25 offering 564 sq ft of practical living space and a private rear garden. The building dates from the 1950s–60s and presents a straightforward canvas for modernisation — good natural light, double glazing, and room heaters currently provide basic comfort. With 124 years remaining on the lease and a below-average service charge, the tenure is secure for buyers and investors.
This property is offered through a modern auction route; bidders should note the non-refundable reservation fee (4.5% of purchase price, minimum £6,600) plus a buyer pack fee. The sale process is faster than a standard sale and has strict completion timescales, so allow time for mortgage offers or cash arrangements. Buyers must review the Buyer Information Pack and complete their own due diligence before bidding.
Location is a key strength — short walks to Selhurst and nearby stations, local shops and schools make it suitable for commuting renters or first-time purchasers seeking affordability close to Croydon transport links. Practical drawbacks include a low EPC rating (E), electric room heating rather than central gas, and an externally exposed mid-century construction that likely needs internal updating to reach modern standards.
Overall, this flat suits buyers wanting an entry-level London property with rental potential or someone prepared to invest in refurbishment to improve living standards and energy performance. Be prepared for auction-specific costs and to stage any renovation work promptly after purchase.
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