Cash-only 2-bed flat with good transport links — short lease, ideal for investors.
Two double bedrooms and separate reception room
A two-bedroom purpose-built flat on London Road offering roomy rooms and immediate possession for a cash buyer or investor. The property sits about 0.7 miles from Thornton Heath Mainline Station and is close to local shops, buses and several well-rated primary schools, making it straightforward to let.
Key positives include two double bedrooms, a separate kitchen and reception room, communal garden access and no onward chain. The interior appears well-presented with modern kitchen fittings and large windows that bring good natural light into the living spaces. Broadband speeds and mobile signal are reported as strong, useful for tenants.
Important cautions: the lease is very short (around 45–46 years remaining), which will make mortgage lending difficult or impossible for many buyers — sale is recommended to cash buyers only. Service charge is around £3,600pa and there is a small ground rent of £50pa. The building is older solid-brick construction (c.1900–1929) and likely lacks wall insulation.
Overall this is a practical, well-located buy-to-let or refurbishment opportunity for a buyer who can proceed in cash. The short lease and running costs materially affect value and exit options, so careful due diligence and lease-extension cost estimates are essential before committing.
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