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One-bedroom ground floor flat requiring attention

South Norwood, SE25 - Get Access

1 bed 1 bath

Description

The property comprises a ground floor one-bedroom flat situated within a mid-terrace building arranged over ground and two upper floors. Located on a residential road close to local shops and amenities, the property benefits from being within easy reach of the open spaces of Grangewood Park. Transport links are provided by Thornton Heath rail station. The accommodation comprises a reception room, kitchen, bedroom, and bathroom. The property is held on a leasehold basis, on a 99-year lease from 11th June 2011, leaving approximately 83 years unexpired. Please note that the property is understood to be occupied, however, the receivers have not been provided with any evidence as such and no rent has been collected. The property has not been inspected by Auction House London.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 312 sq ft (EPC)

Valuing this compact ground floor one-bedroom flat in South Norwood involves assessing its 312 sq ft internal area against regional flat benchmarks. The property forms part of a traditional mid-terrace building with bay windows and requires attention to weathered external render and lower masonry. Accounting for the short unexpired lease term of approximately 83 years ensures a robust and realistic assessment.

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