**Standout Features:**
- Leasehold property with 55 years remaining.
- Two spacious double bedrooms.
- Good condition throughout with period features including original Victorian tiling and sash windows.
- Private garden space and off-street parking.
- Chain-free sale, ideal for cash buyers and investors.
- Proximity to Catford BR station for easy commuting.
**Concerns:**
- Short lease may limit mortgage options; purchase may need to be cash or investment-only.
- High crime rate in the area.
- Lease extension estimated at £65,000.
Located in vibrant Catford, this charming ground-floor flat offers an exceptional opportunity for savvy investors or cash buyers. The property boasts two generously sized double bedrooms, a warm and inviting living space adorned with original Victorian features, and a private garden perfect for outdoor enjoyment. With a competitive guide price between £250,000 and £275,000, this chain-free gem is attractively positioned near the Catford BR station, ensuring a quick commute.
However, potential buyers should be mindful of the 55-year lease term, which may pose challenges for conventional financing, making it essential for those requiring a mortgage to seek alternatives. The area has a high crime rate and is classified as very deprived, though local amenities and schools vary in quality. Whether you are looking for a rental prospect or a new abode, this property has the potential to offer excellent returns with some future lease negotiation or renovation planning. Seize this chance to secure a unique piece of Catford's historic appeal before it slips away!