50b, Manor Park, LEWISHAM, London, SE13 5RL

Description

Long leasehold ground floor self-contained flat (with communal Garden) Requiring updating Full vacant possession 3D Tour: Click Here Location: Situated on Manor which is well positioned for the amenities of Lewisham town centre, Hither Green and Manor or Greenwich Parks. Transport options include local bus routes, rail connections via Hither Green or Lewisham Stations or road links via the A205 and A20. Accommodation (approx. 62m2 / 666 sq ft): Entrance hall, One bedroom, reception room, kitchen, bathroom/WC, store room Outside: Communal garden EPC rating: D Council Tax Band: C Lease: To be sold on a new lease for a term of 990 years at a peppercorn ground rent To view: 27/8, 29/8, 2/9, 5/9 at 11am No booking required – Please arrive at the time stated

Location

Situated on Manor which is well positioned for the amenities of Lewisham town centre, Hither Green and Manor or Greenwich Parks. Transport options include local bus routes, rail connections via Hither Green or Lewisham Stations or road links via the A205 and A20. Accommodation (approx. 62m2 / 666 sq ft): Entrance hall, One bedroom, reception room, kitchen, bathroom/WC, store room Outside: Communal garden

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £30,000–£55,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

• Confirm lease length, ground rent, service charge and major works

Recommendation

Preferred strategy: Refurbishment & Resale. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Flip: ★★★★☆

BRRR: ★★★☆☆

Buy-to-Let: ★★★☆☆