Summary - 157 THE LOWER FLAT AT MOFFAT ROAD THORNTON HEATH CR7 8PZ
2 bed 1 bath Flat
Compact auction opportunity with garden, suited to cash buyers or renovators.
Lower-ground two-bedroom flat, 366 sq ft, private rear garden
Sold at online auction; six-week completion or earlier
Requires full modernisation throughout; cosmetic and fabric work needed
Approx. 54–55 years remaining on lease; lenders likely to refuse mortgages
Vacant possession; EPC rating C and mains gas central heating
Buyer’s fee and possible additional completion charges payable
Close to Thornton Heath and Norwood Junction stations, local shops
Council Tax Band B; low local crime, fast broadband and excellent mobile signal
This lower-ground two-bedroom flat is offered for sale by online auction with vacant possession and a six-week completion window. The property occupies a small 366 sq ft footprint in a Victorian mid-terrace and includes a private rear garden — a rare outdoor space for this level. It benefits from double glazing, mains gas central heating and an EPC rating of C.
The flat requires full modernisation throughout: dated finishes, cosmetic and some fabric repairs are evident. The 54–55 years remaining on the lease is a significant issue — many mortgage lenders will refuse to lend, so the sale will suit cash buyers or investors prepared to extend the lease at cost. Buyers should also budget for the auction buyer’s fee and any additional completion fees specified in the legal pack.
Location is practical for short-distance travel and local amenities: Thornton Heath and Norwood Junction stations are nearby, Grangewood Park is close, and several primary and secondary schools (including Outstanding-rated options) serve the area. Council Tax Band B and low local crime are additional local positives.
This lot will appeal to experienced investors or cash buyers seeking a compact, refurbishment project in a well-connected urban area. The small size, lower-ground position and lease length restrict typical mortgage purchase but create potential for a discounted acquisition with clear scope to add value through renovation and a lease extension.
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