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1 bed property, in Grange Road, £120,000
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1 bed flat

Grange Road, London SE25
Auction Cash Buyers
£120,000

Our Summary

  • For sale by online auction
  • Requires renovation
  • Scope for improvement
  • Cash buyers
  • A vacant one bedroom first floor maisonette requiring renovation, offering an excellent opportunity for investors looking to add value through improvement
  • The property is considered ideally suited to renovation and modernisation, with scope to enhance both rental appeal and future resale value
  • Cash buyers only

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Description

The property is a one-bedroom maisonette on the first floor, requiring renovation and modernization. It has an estimated rental value of approximately £1,100 per month and could generate a potential gross yield of around 11.0% per annum. The property is conveniently located near National Rail stations, Norwood Junction and Thornton Heath, offering excellent transport connections to Central London.