Summary - 93 BALFOUR STREET LONDON SE17 1PB
2 bed 1 bath Ground Flat
Chain-free two-bed ground flat in Elephant and Castle — renovation project with strong transport links.
640 sq ft ground-floor flat with two bedrooms
This 2-bedroom ground floor flat in SE17 offers a clear investment project in Elephant and Castle’s regeneration zone. At 640 sq ft it provides a practical layout and renovation scope for value-add refurbishment and rental or resale.
Set in a small private block of eight flats, the property is chain free and benefits from double glazing and gas central heating. Excellent transport links, fast broadband and Zone 1 location make it attractive to commuters and students from nearby universities.
Important negatives are factual: the flat requires renovation, sits in an area with above-average crime and higher local deprivation, and is sold on leasehold. A public notice of repossession has been recorded and an offer of £325,000 cash has been received (higher written offers required prior to exchange).
This is a straightforward project for an investor or buyer prepared to renovate. Expect refurbishment costs and to factor leasehold terms and local area considerations into any purchase decision.
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