Longton Avenue, LEWISHAM
London
£170,000Guide Price
Listed on 26/10/2026
Listed on 26/10/2026
The listing
Property details
Bedrooms
2Type
Ground FlatArea
678 sqftFeatures
- Garden
- Parking
Description
Offered at auction, this vacant two-bedroom raised ground-floor flat is set within a leasehold building on Longton Avenue in Sydenham. The accommodation comprises a reception room, kitchen, bathroom with WC, hallway and two bedrooms, with an approximate floor area of 678 sq ft. The property is described as requiring modernisation and works.
The flat has a shared rear garden and communal parking to the front. It is positioned beside Wells Park, with Sydenham station and local bus services among the nearby transport links. The lease began in June 2008 for a term of 99 years, leaving approximately 81 years unexpired. The listing also refers purchasers to a Prohibition Order and subsidence information in the legal pack, which should be reviewed alongside the lease and other property documents.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
65out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £170,000, the asking price is exceptionally low against the local £/sqf benchmark, giving this vacant two-bedroom flat in Sydenham a compelling acquisition angle. The raised-ground-floor layout, reception room and position backing onto Wells Park offer a clear canvas to reshape and modernise, with the dated kitchen and bathroom also presenting scope for a substantial upgrade. The shared garden and communal parking add to the setting.
Key opportunities
- Use the two-bedroom layout and reception room as a blank canvas for a coherent modern interior.
- The dated kitchen and bathroom provide scope for substantial upgrades as part of a full renovation.
- Acquire at a price well below the local £/sqf benchmark, with Wells Park directly behind the shared garden.
Key risks
- Extensive staining, damaged finishes and cracking across photographed areas, alongside the disclosed subsidence information and Prohibition Order, require thorough professional investigation.
- The £65,000–£115,000 works range and widespread deterioration point to a full-gut programme, with meaningful budget and scheduling demands rather than a cosmetic refresh.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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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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