Guide price

£275,000

2 bed flat for sale
Wood Vale, London SE23

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Auction
  • Leasehold

Acorn - Forest Hill

Logo of Acorn - Forest Hill

About this property

  • For sale by online auction

  • 6 weeks’ completion

  • Cash buyers only

  • Two bedroom apartment

  • Leasehold with vacant possession

  • Within close proximity to local amenities

Positioned within a well established residential setting in Wood Vale, this two bedroom apartment presents an excellent opportunity for investors seeking value in a consistently popular South East London location. Offering well proportioned accommodation, the property benefits from a practical layout with a comfortable living space, separate kitchen, and two bedrooms, making it well suited to both rental demand and future resale potential.

The apartment is located within easy reach of Forest Hill and Honor Oak Park, both known for their vibrant mix of independent cafés, green spaces, and strong community feel. Excellent transport links are available via nearby rail stations, providing convenient access into Central London, which continues to underpin strong tenant demand from professionals and commuters. The surrounding area also offers access to popular open spaces such as Horniman Gardens, adding to the property's broad appeal for both tenants and owner occupiers.

Please Note: This property is suitable for cash buyers only due to the lease length.

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

99 years from 25th December 1980 - 53 years remaining.

Ground Rent And Service Charge

Please see legal pack for further details.

EPC Rating

C

Council Tax Band

C - Southwark

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.

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More information

  • Tenure

    Leasehold (69 years)

  • Service charge

  • Council tax band

    A band has not yet been confirmed.

  • Ground rent

    £100

  • Ground rent date of next review

See all recent sales in SE23

Property descriptions and related information displayed on this page are marketing materials provided by - Acorn - Forest Hill. 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 Acorn - Forest Hill for full details and further information.