Compact first-floor flat near Sydenham stations, ideal for refurb and value uplift.
Chain free sale with a 145-year lease remaining
A bright two-bedroom first-floor flat in a period block, offered chain-free with a long lease of 145 years. The layout includes a comfortable living room, separate kitchen and bathroom, all within a compact 539 sq ft footprint ideal for a first-time buyer or small household. Gas central heating and traditional character features add practical comfort and appeal.
The flat needs modernisation throughout, which creates scope to add value with a straightforward refurbishment — new kitchen, bathroom and cosmetic updating would make a noticeable difference. The property can be sold with a tenant in situ (current AST expired 22 September 2024) so buyers should check occupation status and rental details if immediate vacant possession is required.
Location is a strong practical draw: close to Sydenham and Lower Sydenham stations, shops and local amenities, with several well-rated schools nearby. Service charge (£950pa) and ground rent (£50pa) are modest and the long lease reduces immediate tenure risk. Be aware the wider area records above-average crime and higher deprivation indices, so viewings should consider local context as well as the property’s renovation potential.
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