Short‑lease property with renovation upside near Lewisham transport links.
Three bedrooms, reception, kitchen, bathroom, approx. 850 sq ft
Rear garden and driveway provide practical outdoor space
Vacant — immediate possession for buyer or investor
Requires full refurbishment; cosmetic and possible remedial works
Leasehold with only ~30 years remaining — major mortgage barrier
To be sold at public auction on 12 November 2025
High local crime and area deprivation; factor security and demand
EPC C; double glazing present, cavity walls assumed uninsulated
This vacant three‑bedroom end of terrace in SE13 is being offered at auction with a guide price of £170,000. At about 850 sq ft, the layout spans ground and first floors and includes a reception room, kitchen, separate WC, three bedrooms and a bathroom. A rear garden and driveway add practical outdoor space for tenants or owners.
The property requires a program of refurbishment: cosmetic works are apparent and a full renovation is likely to unlock its value. The building dates from the late 1960s/1970s with double glazing fitted post‑2002 and gas central heating via boiler and radiators. EPC rating C indicates moderate energy performance but the cavity walls are assumed uninsulated.
A material issue is the very short lease — approximately 30 years unexpired. This is likely to prevent many mortgage lenders from lending and will mean any purchaser should budget for a lease extension premium and legal costs, or plan for a cash purchase. The house is sold at public auction on 12 November 2025; bidders should inspect the legal pack and seek specialist advice before bidding.
Location benefits include proximity to Lewisham station, local shops, Gilmore Road Park and several well‑rated schools. The immediate area shows higher crime and relative deprivation, so consider rental demand, target market, and security measures when planning refurbishment.
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