Summary - Flat C, 15 Kangley Bridge Road SE26 5BA
2 bed 1 bath Apartment
Private garden and parking; quick auction sale for buyers ready to act.
Share of freehold with ~88 years remaining on lease
Vacant possession; sold at online auction, six‑week completion
Extensive private garden and off‑street parking — rare for conversions
Open‑plan layout, modern kitchen, boiler and gas radiators
Small overall size — 458 sqft; best for couples or rental use
Requires minor improvement/renovation, not major structural work
Located near Lower Sydenham and Penge East stations for central London links
Area has high crime rates and higher deprivation — affects lettings
Set on the first floor of an early 20th‑century conversion, this two‑bedroom apartment offers clear short‑term upside for investors or buyers prepared to do minor works. At 458 sqft the layout is open‑plan with well‑proportioned rooms, a modern fitted kitchen, double glazing and gas central heating. A rare private garden, attic access and off‑street parking add practical value for lettings or owner‑occupation.
The property is being sold by online auction with a six‑week completion and will be offered with vacant possession and a share of freehold. The lease has approximately 88 years remaining. The flat currently needs minor improvement and cosmetic renovation rather than major structural work, making it suitable for a quick value‑add programme to increase rental income or resale price.
Location is pragmatic: within reach of Lower Sydenham and Penge East stations for central London links, and close to local parks, shops and good local schools including several rated Good and one Outstanding. Note the wider area is comparatively deprived and local crime levels are high, factors likely to influence rental yields and resident profiles. Practical considerations include an assumed solid brick build with no cavity insulation and average broadband and mobile signal.
This apartment will suit an investor seeking a straightforward refurbishment and strong rental demand, or a first‑time buyer aiming to add value. The auction timetable and short completion period favour buyers who can proceed quickly.
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