2 bed flat for sale

Flat 1, 7-2 Streatham Common South, London, Lambeth SW16

Interested parties should contact Knight Frank Auctions for further information.

Description
Guide Price: £280,000 - £290,000

The property comprises a split level 2-bedroom apartment arranged over 2 floors.
The lower ground floor comprises a Study, Dining Room, Kitchen, Bathroom and Bedroom. The upper ground floor a bedroom.
The property benefits from a garden of circa 50 feet in length.

Due to external blocked drains, the flat flooded in 2025. All external drainage works have been resolved with French drains added to the perimeter of the building. The interior works require further remediation.
Please see legal pack for further information.

Floor Areas (Gross)
Lower Ground Floor 57.90 sq m (623 sq ft)
Upper Ground Floor 21.60 sq m (233 sq ft)
Total 79.50 sq m (856 sq ft)
Tenure

Share of Freehold.
Leasehold. Held for a Term of 999 years from 28 June 2021 (thus approximately 994 years unexpired). Ground Rent is a peppercorn. Service Charge £2,689.81 pa (includes building insurance).
Tenancy

Vacant
EPC

Rating D - See Legal Pack
Viewings

Please register your interest to inspect with

Location
The property is on Streatham Common South close to its junction with Streatham High Road (A23), approximately 0.4 miles south of Streatham Train Station, 0.4 miles east of Streatham Common Train Station and within 1 mile north of Norbury Train Station.
Streatham Common South connects from Streatham High Road to Covington Way. The amenities of Streatham and Balham are nearby. There are a number of good schools locally (subject to catchment).

Occupancy
Vacant

Tenure
Leasehold

The buyers fee is including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details
The sale of this property will take place on the stated date by way of and is being sold as Unconditional.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to the Common Auction Conditions and Extra General Conditions.

Auctioneer Fees and Deposit
The following deposits and non-refundable auctioneer fees apply:

• 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions website.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.