This eighth-floor two-room flat is located in a purpose-built block with a lift, situated on a residential road close to local shops and amenities. The property requires a program of refurbishment and 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 unexpired. The guide price for the property is £85,000+ and it will be sold by online public auction on October 16th, 2025. Note that the property's lease is short, and if the new owner wishes to extend it to 90+ years, they will need to pay a premium to the freeholder.