Summary - ROYAL LONDON BUILDINGS FLAT 2 OLD KENT ROAD LONDON SE15 1RX
1 bed 1 bath Apartment
Auction lot: vacant one-bed flat close to the City — low guide price, refurbishment potential.
- Vacant one-bedroom first-floor apartment near the City
A vacant first-floor one-bedroom apartment in a Victorian block close to the City, offered for sale by public auction. The flat has period features including a fireplace, high skirting boards and light wood flooring, plus gas central heating and an EPC rating of C. Its location on Old Kent Road offers excellent transport links and nearby shops and amenities.
This lot is best suited to investors or buyers seeking a project. The accommodation is described from third-party information and the auctioneer was unable to inspect internally, so internal layouts and room sizes should be independently verified. The lease has approximately 88 years remaining; ground rent is about £50 per year and purchasers should check the service charge in the legal pack.
Buyers must note this property will be sold at auction with vacant possession on completion and a buyer’s administration fee applies. The area has high recorded crime and local deprivation indicators, which will influence both rental demand and capital growth. Viewing is strictly by appointment and the property may not have electricity for inspections — bring a torch and appropriate caution.
For those prepared to manage leasehold responsibilities and potential refurbishment, this apartment offers a relatively low entry price close to central London and clear potential for rental or resale once upgraded.
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