Initial price	£250,000
07/05/25	£245,000
Price Change	-2.00%

This well-proportioned apartment is located above a commercial premises in South Norwood, just a short walk from the High Street and Norwood Junction station. The property, which requires refurbishment throughout, features an entry phone security system, double glazing, and communal gas central heating. The open-plan kitchen and bathroom, which needs work, offer potential for renovation. With no onward chain, this leasehold property presents an excellent opportunity for buyers looking to add value in a prime location. The property has a 99-year lease from 2014, with a service charge of £3,603.72 per year and ground rent of £375.00, which doubles every 33 years. Despite not including a parking space, the property's central location and potential for renovation make it an attractive option for buyers.