Guide price
£100,000
1 bed flat for sale45 d York Grove, London, Southwark SE15
1 bed
1 bath
Added on
About this property
For sale by Online Auction - 23rd ofSeptember 2026
Below-Market Investment Opportunity 1-Bedroom Leasehold Flat in London
tcpa East Midlands are delighted to present this exciting below-market-value investment opportunity, offering investors and buyers the chance to acquire a 1-bedroom leasehold flat in a well-established residential area of London.
The property comprises a reception room, kitchen, one bedroom and bathroom, providing a straightforward residential layout with strong potential for both investors and owner-occupiers.
Investment Highlights
Offered significantly below market value
1-bedroom leasehold flat
Located in a residential area of London
Previously achieving £800 pcm rental income
Now offered with vacant possession
Potential to achieve an attractive rental yield
Opportunity for investors seeking value and future rental income
Scope to assess and maximise the property's investment potential
The property was previously occupied by tenants and generated £800 per calendar month (£9,600 per annum) in rental income. It is now being offered with vacant possession, giving the successful purchaser the flexibility to review the rental strategy, undertake any required works, and potentially reposition the property to maximise its investment potential.
With its London location, established residential setting and below-market-value pricing, this property represents an interesting opportunity for investors looking for value, rental potential and future upside. Given the pricing and potential for improvement, we anticipate significant demand and expect strong interest from the investment market.
Investors are therefore encouraged to come forward with their best offers prior to auction. Early offers may be considered, and interested parties are advised to act promptly to avoid missing the opportunity.
Important Information
tcpa East Midlands have not inspected the property internally. The property is therefore being offered without internal inspection, and prospective purchasers are strongly advised to carry out their own due diligence, investigations and enquiries before proceeding with a purchase.
Interested parties should satisfy themselves as to the property's condition, accommodation, rental potential, lease terms, market value and all other relevant matters prior to bidding or purchasing.
An opportunity to acquire a London residential investment at a potentially attractive entry price.
Unconditional lot Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
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Tenure
Leasehold (98 years)
Service charge
£100 per year
Council tax band
Ground rent
£100
Ground rent date of next review
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