This ground floor studio flat is being sold by online public auction on December 11th, 2024, with a guide price of £100,000+. The property is situated on a residential road near local shops and amenities, with Lewisham Park and transport links nearby. The flat itself is a 17m sq (183 sq ft) studio room with a kitchen and bathroom, and is currently subject to an Assured Shorthold Tenancy producing £13,200 per annum. The property is held on a 99-year lease from 2015, with approximately 89 years remaining. It's worth noting that when purchasing a flat with a short lease, the buyer may need to pay a premium to the freeholder to extend the lease to 90+ years. This process can be complex, and it's recommended that buyers seek advice from the auctioneers or a professional if they're unsure about the lease extension process.