This eighth-floor two-room flat is located in a residential block with a lift, situated near local shops and amenities, and within walking distance to King George V Recreation Ground. The property requires a program of refurbishment and repairs. It is currently let to the Mayor and Burgesses of the London Borough of Lewisham for a term of 3 years at a rent of £15,827.76 per annum. The property is held on a 119-year lease from 1988, with approximately 82 years remaining. The buyer will need to consider the cost of extending the lease to 90+ years, which involves serving a Section 42 notice to the freeholder and negotiating a premium. The property will be sold at a public auction on November 13th, 2025, with a guide price of £105,000+.