The Mound, Mottingham, SE9
London
£150,000
Listed on 05/11/2026
Listed on 05/11/2026
The listing
Property details
Bedrooms
1Type
FlatArea
461 sqftFeatures
- Balcony
- Parking
Description
This chain-free, one-bedroom third-floor flat is offered to cash buyers and requires modernisation. The accommodation measures 461 sq ft and includes a reception room, fitted kitchen, bedroom and bathroom, with a private balcony offering far-reaching views. Communal parking is also available to residents.
The flat is within walking distance of local shops and amenities, with Mottingham and New Eltham railway stations nearby. The lease is stated as 114 years, and the approximate annual service charge is £1,200. Council Tax is Band B.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
72out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £150,000, this 461 sq ft flat is priced at about £325 per sq ft, around 34% below the local average—a strong entry point for a buyer looking to add value. The reception room and bedroom look tidy and usable, while the older, worn kitchen and bathroom finishes offer a clear light-scale modernisation project rather than a full overhaul.
The private balcony with its open London skyline outlook is a distinctive feature, complemented by maintained communal green space. The flat is chain free and has a 114-year lease; the listing states that it is for cash buyers only.
Key opportunities
- Update the worn kitchen finishes to give the flat a fresher, more contemporary feel.
- Modernise the dated bathroom finishes as part of a light refurbishment.
- Make the most of the private balcony and open skyline outlook, with maintained communal green space as an added amenity.
Key risks
None recorded.
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Transport
Nearest stations
Mottingham Rail Station
0.8 miles
Train · Mottingham
New Eltham Rail Station
0.8 miles
Train · New Eltham
Elmstead Woods Rail Station
1.0 miles
Train · Elmstead
Grove Park Rail Station
1.5 miles
Train · Grove Park
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£613
Based on a loan of £112,500 over 30 years at 5.13% 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
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