
London
£170,000
Listed on 22/10/2026
Listed on 22/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
At £170,000, this two-bedroom flat is priced at about £205 per sq ft, well below the local average of £495 per sq ft — a strong entry point for a buyer looking to acquire and reshape a substantial project. The separate reception, two bedrooms, separate WC and included garage en-bloc give the refurbishment a useful starting framework, with landscaped communal grounds adding appeal.
This is a heavy, full-interior project rather than a cosmetic refresh: the kitchen and bathroom are deteriorated, and worn flooring and marked, dated finishes are visible across the reception and bedrooms. The 32-year lease is a significant constraint, and the listing states that the sale is for cash buyers only, so the low asking price needs to be considered alongside the lease terms and the scale of work.
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Transport
Eltham Rail Station
0.4 miles
Train · Eltham
Mottingham Rail Station
0.6 miles
Train · Mottingham
New Eltham Rail Station
1.1 miles
Train · New Eltham
Falconwood Rail Station
1.4 miles
Train · Falconwood
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
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
Indicative tax based on the asking price and the options you select.
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