Summary - Flat C, 15 Kangley Bridge Road SE26 5BA
2 bed 1 bath Apartment
Auction sale with private garden and quick completion.
Two-bedroom first-floor conversion with open-plan living
This first-floor two-bedroom conversion in SE26 is offered for sale by online auction with a six-week completion window. Sold with vacant possession and a share of freehold, the flat presents straightforward scope for value uplift after minor improvement. The apartment benefits from an unusually large private garden for a conversion, off-street parking and attic access — practical extras that increase letting or resale appeal.
The accommodation is compact (approximately 458 sq ft) with an open-plan layout and a contemporary kitchen; rooms are bright and well-proportioned. The building dates from the 1930s–40s and has double glazing and gas central heating via boiler and radiators. The lease has about 88 years remaining and the tenure is leasehold, so buyers should allow for lease considerations and the usual conveyancing checks.
Notable negatives are factual and material: the property sits in a high-crime, very deprived ward and the wider area is classed as established renting families/inner-city cosmopolitan. The flat needs renovation and some upkeep to the building exterior; solid brick walls likely lack added insulation. These factors affect long-term running costs and marketability to certain buyers.
For investors and practical first-time buyers, the combination of vacant possession, rental demand in the area, nearby stations (Lower Sydenham, Penge East) and good local schools creates clear potential for income or a modest improvement-led capital gain. Buyers should budget for refurbishment, assess the lease length, and note auction sale terms before bidding.
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