1 bedroom apartment for sale

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1 bedroom apartment for sale

Lower Ground Floor Flat, 85 Melbourne Grove, London, Southwark, SE22 8RR
£70,000

Our Summary

  • FOR SALE BY AUCTION: To be sold by public auction on the owner's instruction
  • A vacant leasehold (150 years from 24 June 2005) lower ground floor basement flat in need of design, modernisation, repair and planning permission with an extent of 409 SQFT
  • Auctioneers' comments: 'A unique opportunity for an investor/developer to bid and buy this property to overcome the design and layout challenges to realise substantial forced appreciation in a densely populated part of London' Auction date The property is to be sold by public auction on Friday, 25 July 2025 via a 2-hour online bidding window
  • 8 miles to North Dulwich railway station (Zone 2,3) Accommodation Lower ground floor: two rooms, landing, hall EPC rating F Tenure Leasehold with vacant possession 150 years from 24 June 2005 Local authority and council tax band London Borough of Southwark Council tax band: unknown Pre-auction bids To make a pre-auction bid, you must be an approved bidder
  • The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable
  • Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min
  • £5,000) and all auction fees listed
  • Auction fees In addition to the 10% deposit (min
  • £5,000) of your winning bid, you must pay an auction buying commission of 2
  • 00 plus VAT) of the purchase price and auction buying fee of £1,900
  • Auction 25 July 2025

Description

FOR SALE BY AUCTION: To be sold by public auction on the owner's instruction.