Vacant, long lease, auction opportunity near Norbury station.
Vacant two-bedroom third-floor flat, about 549 sq ft
Guide price £175,000+, to be sold at public auction
Leasehold with c.157 years remaining
EPC rating D; solid brick walls, likely no added insulation
Double glazing and mains gas boiler with radiators
Small garden included; communal purpose-built block
Above-average local crime; check neighbourhood suitability
Service charge/ground rent and legal pack must be reviewed
A vacant two-bedroom third-floor flat in a mid-20th century purpose-built block, offered at auction with vacant possession. At about 549 sq ft, the layout includes a reception room, galley kitchen, two bedrooms and one bathroom — compact and straightforward for rental occupation or a first-step refurb. The property benefits from double glazing, mains gas central heating and a small garden, with fast broadband and excellent mobile signal supporting modern tenancy needs.
Positioned on London Road close to local shops and Norbury rail station, this flat sits in a busy urban area with a mix of terraces and flats. Nearby schools include several rated Good and an Outstanding secondary, which supports local lettings to families. The guide price reflects auction sale mechanics and the unit’s modest size and condition.
Important considerations: the property is leasehold with approximately 157 years remaining and will be sold at public auction (public notice/repossession applies). The building has solid brick walls with assumed no added insulation and an EPC rating of D. Crime in the area is above average and service charges/ground rent details should be checked in the legal pack before bidding.
For an investor this represents a straightforward buy-to-let or short refurbishment project in a well-connected part of Thornton Heath. For a cash buyer or someone comfortable with auction purchases, the long lease and vacant possession simplify onward letting or redecoration, but budget for potential modernisation and to confirm running costs from the legal documentation.
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