Summary - 72 Ewart Road SE23 1BQ
2 bed 1 bath Flat
Vacant investment opportunity for cash buyers and experienced renovators.
Vacant first-floor two-bedroom maisonette with private rear garden and garage
Circa 484 sq ft — small living space suitable for renovation
Leasehold with approx. 28 years remaining — likely blocks mortgage lending
Sold by auction; guide price £150,000+ and 10-week completion option
Requires general refurbishment; garden unkempt and external wear visible
Solid brick walls likely need insulation upgrades; EPC rating D
Above-average local crime and higher area deprivation to consider
Good transport links, fast broadband, and nearby well-rated schools
A vacant first-floor two-bedroom maisonette offered at auction with immediate renovation potential. The flat sits within a semi-detached 1930s building and includes a private rear garden and a garage—useful assets for a refurbishment project or rental conversion.
Important: the lease has approximately 28 years remaining. That short lease will likely prevent mortgage lending and will require a costly lease extension to reach 90+ years. Buyers should factor in the premium and legal process (Section 42) when budgeting.
The property is small (circa 484 sq ft) and needs cosmetic and fabric works: garden landscaping, likely upgrading of insulation (solid brick walls), and general modernisation. EPC rating D and mains gas boiler heating are in place. Above-average local crime and higher area deprivation are noted; however, transport links (Forest Hill station nearby), good local schools, fast broadband and strong mobile signal support lettings or resale after improvement.
This lot suits a cash buyer, property developer, or investor comfortable with auction purchase and the costs of extending the lease and carrying out repairs. The vacant possession and 10-week completion option can accelerate refurbishment and re-marketing once works and lease matters are addressed.
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