Auction opportunity for cash buyers or experienced refurb investors.
Third-floor one-bedroom flat in Georgian Revival block
Offered at online auction, this one-bedroom third-floor flat sits in a well-maintained Georgian Revival block on Streatham Hill. The property is vacant with vacant possession and requires full modernisation, presenting clear scope for a refurbishment project or rental repositioning. Communal gardens, high ceilings in parts of the building and proximity to Streatham Hill and Tulse Hill stations add practical appeal.
Important legal and financial facts influence suitability: the lease has approximately 48 years remaining (99 years from July 1974) — a level at which many mortgage lenders will refuse to lend. The lot will be sold with a buyer’s fee (typically £1,200 incl. VAT for lots over £10,000) and there may be additional completion fees detailed in the legal pack. Buyers should review the lease, service charges and special conditions before bidding.
The flat has mains gas via a community heating scheme, secondary glazing and an EPC rating of D. Nearby green spaces include Tooting Commons and Brockwell Park; local amenities and good public transport links make the area attractive to renters and renovators. This is a straightforward auction opportunity for a cash buyer or investor able to manage the short lease and refurbishment requirements.
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