Dagnall Park, London, SE25

This converted studio apartment situated in the Dagnall Park area presents a unique opportunity for cash buyers looking to invest. With a remaining lease of 64 years, this property requires immediate attention due to its condition but holds notable potential for modernization and value enhancement. The spacious living area features high ceilings and a decorative fire surround that could be beautifully restored. A separate kitchen with garden views and a dedicated bathroom complete the layout, offering ample scope for updating. Its location near Selhurst and Norwood Junction stations ensures excellent connectivity to London, making it an attractive option for commuters. Buyers should be aware of upcoming Section 20 works estimated at around £17,000 which will need to be factored into any financial considerations. Early viewing is strongly advised for those ready to take on a project.