Initial price	£200,000
17/02/24	£190,000
Price Change	-5.00%

The property is a two-bedroom house in the Ravensbury area of Morden, with a lease of approximately 55 years that will not be supported by a mortgage. The property requires some cosmetic improvements and modernization, but this has been reflected in the price. The property offers two bedrooms, lounge, kitchen, and bathroom, as well as access to the loft and a garden. The area is situated adjacent to the River Wandle and offers a unique mix of residential properties, and is well-placed for local amenities and transport links, including the Northern Line and bus routes to Sutton, Brixton, Herne Hill, and Morden. The property is being sold via the modern method of auction, with cash buyers only, and it will be the buyer's responsibility to extend the lease.