2 Bed Flat, Single Let, London, SE21 8JP, £180,000

Garden Flat, 31 Thurlow Park Road, Lambeth, London, SE21 8JP - 3 views - a month ago

Leasehold
Auction
BTL
ROI: 15%
~68 m²
+4 photos

ValuationUndervalued











Cashflows



































Property History

Listed for £180,000

February 28, 2025

Floor Plans

Description

Guide Price = **£180,000+

For Sale By Public Auction 19th March 2025 10:00 AM To inspect the legal documents for this property go to our website to download the legal pack

A Vacant Ground Floor One/Two Bedroom Flat

**Tenure
Leasehold. The property is held on a 99 year lease from 29th September 2004 (thus approximately 80 years unexpired). At the buyer's request and costs a section 42 notice to extend the lease will be served upon completion, the rights of which would be assigned to the incoming buyer.

Location
The property is situated in the South East London area of Tulse Hill close to local shops and amenities. The open spaces of Brockwell Park are within easy reach. Transport links are provided by Tulse Hill rail station.

Description
The property comprises a ground floor one/two bedroom flat situated within terraced building arranged over ground and three upper floors.

Accommodation
Ground Floor
Reception Room
Kitchen
Two Rooms
Bathroom

Exterior
The property benefits from a shared rear garden.

Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.

EPC Rating
C

Open House Viewings:
Viewing Schedule (No Booking Required)

Agent Details

Auction House London, Hampstead

020 3897 6030

Next Steps?

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