Court Road, SE9
London
£170,000
Listed on 22/10/2026
Listed on 22/10/2026
The listing
Property details
Bedrooms
2Type
FlatArea
830 sqftFeatures
- Garage
Description
This two-bedroom ground-floor apartment is set within a purpose-built block and is offered with no forward chain. The accommodation comprises an L-shaped reception room, kitchen, two bedrooms, bathroom and separate WC. A garage en bloc is included. The property requires full refurbishment, and the lease has 32 years remaining. Cash buyers only. The stated annual service charge is £1,988.64 and ground rent is £35. The EPC is awaited.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
71out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £170,000, this two-bedroom flat is priced well below the local average per square foot, making the asking price a clear acquisition opportunity. The spacious-looking L-shaped reception has wide sliding doors onto the communal grounds, and the garage en bloc adds useful appeal. Mature trees and lawns give the setting some character, while the brick exterior appears generally intact in the submitted views.
Inside, the damaged kitchen, worn bathroom, marked flooring and lower-wall staining in several rooms create a substantial canvas for a buyer to rework. The £55,000–£95,000 renovation range points to a full project rather than a cosmetic update. The short 32-year lease and cash-buyers-only restriction are important constraints to assess alongside the works.
Key opportunities
- Rework the spacious L-shaped reception and its wide sliding doors to make the most of the outlook onto the communal grounds.
- Replace the damaged kitchen and dated bathroom fittings and finishes as part of a coherent interior redesign.
- Acquire at a substantial discount to the local £/sqf average, with a garage en bloc and mature communal grounds adding appeal.
Key risks
- The worn finishes and staining across several rooms, together with the damaged kitchen and bathroom, make this a full-gut-scale programme; the £55,000–£95,000 works range needs careful budgeting and scheduling rather than a cosmetic-refresh allowance.
- The 32-year lease and cash-buyers-only restriction may limit financing options and affect the buyer pool.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£642
Based on a loan of £127,500 over 30 years at 4.45% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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