Initial price	£300,000
28/11/24	£215,000
Price Change	-28.33%

This spacious two-bedroom first-floor flat is located in a residential cul-de-sac, just minutes away from Homerton Overground Station. The property requires some internal modernization and is priced for a cash sale due to the current lease length. The flat boasts a spacious reception room, separate kitchen, good-sized double bedroom, family bathroom, and a further single bedroom ideal for an office or study. It has been recently repainted with laminate flooring and a new w/c. Additional benefits include off-street gated parking. The property has a 99-year lease from 1988, which may affect its mortgageability. The service charge is approximately £2,229.50 per year, and the ground rent is £180 per year. The property is located in a convenient area, close to Mabley Green, Homerton mainline station, and popular cafes and retailers. Early viewings are highly recommended, and the property is being sold through an online auction with a starting bid of £215,000.