Tenanted two-bedroom ground-floor flat with garden — auction sale, long lease, close to transport.
Long lease: approx. 941 years remaining
This ground-floor two-bedroom flat in Walthamstow is offered vacant to the market by public auction and is currently let on an assured shorthold tenancy, providing immediate rental income. The property sits within an early 20th-century brick terrace with period features, high ceilings and a private courtyard garden — attributes that appeal to London renters and long-term capital growth in E17.
Located about half a mile from Walthamstow Central (Victoria line and Overground), the flat benefits from excellent transport links and proximity to Walthamstow Village’s shops, cafes and amenities. Broadband speeds are reported as fast, mobile signal is excellent and local crime levels are very low, supporting lettability and tenant demand.
Practical considerations: the 999-year lease (approximately 941 years unexpired) is a clear long-term benefit. The accommodation is compact (approximately 485 sq ft) with three rooms, kitchen, bathroom, separate toilet and cellar; the EPC is rated D. The building has solid brick walls with no assumed insulation and double glazing of unknown age, so improvement works could reduce running costs and improve the EPC.
This lot is best suited to investors seeking an auction purchase with an existing tenancy and immediate income, or a buyer prepared to undertake light-to-moderate refurbishment to boost rental value and efficiency. Note that the property has not been internally inspected by the selling surveyor and will be sold at auction, so purchasers should complete their own due diligence and inspections prior to bidding.