85 Babington Road, Streatham, London... 3 bed semi

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85 Babington Road, Streatham, London... 3 bed semi

85 Babington Road, Streatham, London, SW16 6AN
£200,000

Price History

Initial price £250,000
28/05/25 £200,000
Price Change -20.00%

Description

This vacant three-bedroom semi-detached house is being sold by online public auction on May 28th, 2025, with a guide price of £200,000+. The property is held on a 50-year lease from 1998, with approximately 22 years remaining, and is subject to a modern ground rent of £23,500 per annum. Located on a residential road near local shops and amenities, the property is also close to Streatham Common and rail station. The house requires refurbishment and comprises three bedrooms over three floors, including a ground floor storage room, a kitchen, bathroom, and separate WC. However, it's important to note that the property has a short lease, which may require the buyer to pay a premium to extend the lease to 90+ years if desired.