Initial price	£260,000
20/09/25	£250,000
Price Change	-3.85%

This 2-bedroom leasehold apartment, with a 991-year lease, is being sold under an auction contract with a guide price of £250,000 plus. The property, located on the 4th floor, offers a bright and airy open-plan kitchen diner, two double bedrooms, and a 3-piece bathroom suite. With a spacious east-facing balcony and approximately 750 square feet of internal space, the apartment is a great investment opportunity. Currently let on an Assured Shorthold tenancy, the property generates £18,600 per year in rental income. The apartment is situated in Abbey Wood, just a 600-yard walk from Abbey Wood Station, and is well-connected to Central London via the Elizabeth line. With a buyer's premium applying, the purchaser will need to pay 10% deposit and a 2% buyer's premium, minimum of £5,000 plus VAT, upon exchange of contracts.