Initial price	£95,000
25/11/25	£90,000
Price Change	-5.26%

This eighth-floor two-room flat is being sold by public auction on December 10th, 2025, with a guide price of £90,000+. The property is leasehold, with approximately 82 years remaining on a 119-year lease, and is currently let to The Mayor and Burgesses of the London Borough of Lewisham for £15,827.76 per annum. The flat is situated in a purpose-built block with a lift, but requires a program of refurbishment and repairs. The property is located on a residential road near local shops and amenities, with King George V Recreation Ground and Stevenage rail station nearby. The buyer will need to consider the potential costs of extending the lease to 90+ years, as the current lease has only 82 years remaining.