Compact, gardened studio ideal for cash investors seeking commuter lets.
Chain-free studio with private 70sqm garden and own section of driveway
Semi open-plan kitchen/living plus full family bathroom
Leasehold — 106 years remaining (125 from 2006)
Service charge £1,213.41pa; ground rent £150pa
Cash-buyers only — sale will not accept mortgage purchase
EPC C; council tax band B — reasonable running costs
Very slow broadband (ADSL copper) may limit home working
Local crime level above average — factor for tenants or resale
Set between Forest Hill and Honor Oak Park, this chain-free studio includes a private 70sqm garden and its own section of driveway, offering a rare combination of external space and parking for a flat. The accommodation is semi open-plan with a family bathroom and modern kitchen fittings, presenting straightforward rental or live-in potential in a well-connected SE23 location.
This property is offered to cash buyers only. The flat is leasehold with 106 years remaining, a modest ground rent (£150pa) and an annual service charge of £1,213.41. EPC rating C and council tax band B help running costs remain reasonable, but broadband is ADSL copper (very slow), which may affect some tenants or occupiers working from home.
For investors, the nearby transport links (Forest Hill, Honor Oak Park and other stations within walking distance) and local amenities make the flat easy to let to commuters and young professionals. The mid-terrace building dates from 1900–1929 and has double glazing; walls are original solid brick (assumed, no added insulation), so future refurbishment could add value but would require investment.
Important practical notes: the area records higher crime levels than average and the sale is for cash buyers only. These factors should be weighed against the property's private garden, parking and proximity to parks, schools and high streets when deciding to view or buy.
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