1 bed flat for sale

197 Plumstead High Street, Plumstead, London SE18

Guide Price = £80,000+

**For Sale By Public Auction 10th September 2025 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

A Vacant Lower Ground Floor One Bedroom Flat

Tenure
Leasehold. The property is held on a 99 year lease from 23rd December 1976 (thus approximately 50 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Winn's Common are within easy reach. Transport links are provided by Plumstead rail station.

Description
The property comprises a lower ground floor one bedroom flat situated within a mid terrace building arranged over lower ground, raised ground and first floors.

Accommodation
Lower Ground Floor
Reception Room
Kitchen
Bedroom
Bathroom

Exterior
The property benefits from a private rear garden.

Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.

EPC Rating
F


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