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2 bedroom flat for sale
79B Sydenham Road, Sydenham, London, SE26 5EZ
£150,000
79B Sydenham Road, Sydenham, London, SE26 5EZ
£150,000
Our Summary
- Guide Price = £150,000+*For Sale By Online PublicAuction 11th December 2024 09:00 AM
- The property requires a program of refurbishment
Description
This vacant third-floor two-bedroom flat is being sold by online public auction on December 11, 2024, with a guide price of £150,000+. The property is located on a residential road near local shops and amenities, with Mayow Park and transport links to Sydenham overground and rail station within easy reach. The flat, which requires refurbishment, is situated in a mid-terrace building and has a 99-year lease from 1984, with approximately 58 years remaining. As a leasehold property, the buyer will need to consider the potential costs of extending the lease to 90+ years, which may involve serving a Section 42 notice to the freeholder. The property is being sold by order of the executors, and potential buyers are advised to inspect the legal documents and seek advice on the leasehold process before bidding.