Just added

Guide price

£220,000

2 bed flat for sale
Fawcett Close, London SW16

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Auction
  • Leasehold

Stirling Ackroyd - Streatham

Logo of Stirling Ackroyd - Streatham

About this property

  • For sale by online auction

  • 6 weeks’ completion

  • Two bedroom apartment

  • Possible gross yield of 9%

  • Vacant leasehold

  • Within close proximity to local amenities

Positioned within a well connected residential area of London, this two bedroom apartment at Fawcett Close, SW16 presents an excellent opportunity for investors and owner-occupiers alike, offering scope to enhance value alongside immediate letting potential. The property provides a practical layout with well proportioned accommodation, making it ideally suited to the demands of the local rental market as well as first time buyers seeking an accessible London base.

Fawcett Close is conveniently situated for access to a range of local amenities, green spaces, and transport links, with nearby stations providing direct connections into Central London and beyond. The surrounding area continues to see consistent tenant demand due to its balance of affordability and connectivity, making it a reliable choice for investors focused on stable rental income. Everyday conveniences, schools, and leisure facilities are all within easy reach, enhancing the property’s broad appeal.

Auction

To be sold by online auction (unconditional) on Thursday 28th May 2026 with a 6 week completion, bidding will open at 10.00.

To View

Viewings will be conducted prior to the auction, please visit our website to book an appointment at .

Registration

All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.

Tenure

Leasehold with vacant possession.

Lease

125 years from 1 November 1997 - 96 years remaining.

Ground Rent And Service Charge

Please see legal pack for further details.

EPC Rating

C

Council Tax Band

D- Lambeth Council

Legal Pack

For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor. The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding.

Guide Prices

Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.

Additional Fees

A buyers charge of £1,650 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.

Deposit

If you are the highest bidder when the auction ends, contracts are exchanged between you and the seller. Both parties are legally bound to complete the transaction as per the special conditions in the legal pack. Your card will be automatically debited for the bidder security amount of £6,000 and we'll require the remaining balance for a 10% non-refundable deposit. We will contact you after the auction has finished to make these arrangements.

Pre-Auction Offers

These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".

Mortgage Finance

We advise all bidders who require a mortgage to confirm with their Financial Advisor as to whether or not the lot you are interested in would be suitable security to borrow finance against, prior to bidding. If you need to arrange a mortgage it is important that you obtain an offer from your lender before the day of the auction. Most building societies and banks will instruct a surveyor to prepare a valuation report before making a mortgage offer.

Please Note

All plans are strictly for identification purposes only and should not be relied upon. Please refer to the legal pack for the Land Registry plan of each lot. Any plans are reproduced from Ordnance Survey maps with kind permission of the Controller of His Majesty's Stationery Office @ Crown copyright. All rights reserved, Licence no:

Zoopla tools

Zoopla insights

Sign in and gain expert analysis to make informed decisions.

More information

  • Report this listing
See all recent sales in SW16

Property descriptions and related information displayed on this page are marketing materials provided by - Stirling Ackroyd - Streatham. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Stirling Ackroyd - Streatham for full details and further information.