Lot 01 - 128 Kennington Park Road, London, SE11 4DJ

  • Unconditional Online Auction Sale
  • Guide Price* : £225,000+

Fantastic refurbishment opportunity with this spacious first floor 1 bedroom flat in need of updating throughout. Scope to re-configure the accommodation (stp) to create a light, bright property overlooking Cleaver Square to the rear. Further benefits include: close proximity to Kennington tube station (c.200 meters) and adjacent to the City & Guilds of London Art School.


Description

Situation & Description

This long leasehold 1 bedroom apartment is situated on the 1st floor of this Georgian Townhouse a short distance from the world famous Oval cricket ground and within close proximity (c.200 meters) of Kennington tube station. A short distance away on Kennington Road and Kennington Lane, there is a wide range of amenities including local cafes, bars, restaurants, independent retailers. The City & Guilds of London Art School is located at No 124 Kennington Park Road with The Oval cricket ground less than 0.5 miles, as is as Kennington Park tennis courts.

To the rear of the building is Cleaver Square, which - according to the seller - "...has a real community feel and buzz to it, where they play Boules in the summer months."

One of the many advantages of the flat is the huge potential it offers an incoming buyer having been lived in by the same owner for the past 40 years, the flat is now in need of updating and modernising throughout with potential to re-configure the flat's layout - subject to gaining the necessary consents. There are high ceilings, spacious rooms and a beautiful bay window in the living room overlooking Cleaver Square.

The flat consists of: Entrance Hall, open plan Living/Dining room, galley Kitchen with a Double Bedroom to the front with Bathroom and separate Study off. It is our opinion there could be some future infill development potential (subject to gaining all necessary consents from the local authority and freeholder).

Copies of the lease details and service charge schedule will be contained within the Legal Pack.

For open house viewing dates and times, please contact the office.

Auction Details
The lot is to be sold by online auction on Wednesday 19th May at 4:05pm (bidding opens on Tuesday 18th May at 12pm)

All interested parties who wish to bid, please contact My Auction on 0207 101 4868

Please note that a Buyer’s Premium of 1.2% inc.VAT of the purchase price is to be paid by the successful Buyer (subject to a minimum fee of £2,400 inc.VAT).

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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