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2 Bedroom Ground Floor Flat

2 Bedroom Ground Floor Flat

Address

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Auction date

01 Oct 2026

Guide price

£125,000

Type

Flat

Tenure

Leasehold

EPC Rating

C

Status

Upcoming

Auction location placehbolder

Description

A 2 bedroom ground floor purpose built flat located close to Penge High Street. The property requires some modernisation. Based on comparable properties in the area, we estimate a potential monthly rental figure of £1,700 per calendar month (£20,400 per annum) when refurbished.

  • Ground floor flat
  • 2 bedrooms
  • Vacant possession on completion
  • EPC rating: C
  • Lease: 99 years from 25/12/1971, approximately 44 years remaining

This residence is a promising opportunity for investors considering rental income or as a personal home. With its necessary refurbishment, it holds great potential for both comfort and value appreciation in the future.

Last update: 30 Aug 2026

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