Initial price	£180,000
15/04/25	£175,000
05/09/25	£170,000
Price Change	-5.56%

This modern studio flat is located on the first floor in the desirable Norwood Lake area and is priced between £170,000 and £175,000. Although it requires some TLC, the property has considerable potential for improvement and offers bright and airy living space with full-length windows overlooking shared lawns. The flat features an entry phone security system, access to shared lawns, and a private garage. With transportation links nearby, including Norwood Junction BR/Overground Station and bus routes, the property is an attractive option. The leasehold property has a 999-year lease from 1976 and a service charge of £800 per year, with a Croydon Council Tax Band of A and an E EPC rating. The property is chain-free and keys are available for immediate viewing, making it an excellent opportunity for those looking to purchase in the area.