This two-bedroom leasehold flat presents a unique opportunity for buyers with a vision, sitting above a row of shops in Kent. While the property is in need of a comprehensive refurbishment, it offers a blank slate for those eager to design their ideal living space. The flat features two spacious bedrooms, a bathroom, and a reception area that can be redesigned to enhance functionality and aesthetics.
The existing layout serves as an excellent starting point for renovations that could significantly elevate its market value through creative utilization of space and high-quality finishes. This property is particularly appealing to first-time buyers wanting to personalize their home or investors looking for a project with good potential for capital growth in a desirable neighbourhood.
Conveniently located above essential retail outlets, residents will enjoy easy access to daily necessities and local services. The vibrant surroundings boast numerous amenities within walking distance, while transport links nearby facilitate commuting across Kent and further afield.
The property holds an Energy Performance Certificate (EPC) rating of C, indicating potential for improved energy efficiency during renovation work. With Council Tax Band B, the local authority charges remain manageable.
The leasehold was established on July 26, 2006, for 99 years, leaving approximately 79.5 years remaining—a substantial term that is appealing to prospective buyers. The ground rent is set at £100 per year without any scheduled increases, offering stability regarding future costs. Moreover, there are no regular service charges beyond a transparent 30% contribution towards building insurance.
This flat stands as an exciting chance to invest in a sought-after Sidcup location while enjoying the freedom to fully renovate according to your personal preferences. Whether you seek to create a modern urban retreat or an inviting character-filled residence, this property lays the groundwork for your vision.
