Summary - 335a, Dersingham Avenue E12 6JX
2 bed 1 bath Apartment
Auction opportunity for cash buyers or investors seeking renovation potential.
Two-bedroom ground-floor flat with private garden
Set on a residential terrace in E12, this two-bedroom ground-floor apartment occupies about 625 sq ft and includes a private garden. The building's Victorian character shows in the bay-window façade and redbrick detailing; the flat offers clear potential for a buyer prepared to modernise. Fast broadband and excellent mobile signal support working from home, and local schools and transport links are within easy reach.
Important financial and practical considerations are frank: the property is leasehold with only 80 years remaining, which will likely deter mainstream mortgage lenders. Annual costs include a £600 ground rent and an estimated £1,000 service charge. Heating is by electric room heaters and the solid-brick walls are assumed uninsulated, so upgrade work may be required to improve comfort and running costs.
Sold via online secure auction, this flat is currently tenanted and may suit cash buyers, investors or someone planning a lease extension and refurbishment. The apartment’s size, garden and location present clear upside after renovation, but buyers should factor in the cost and time of lease negotiation, potential lender refusal, and upgrades to heating and insulation.
For buyers prioritising tradeable value and rental income, this is a pragmatic opportunity in a well-connected part of London; for homebuyers requiring mortgage finance, obtain lender confirmation before bidding.
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