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Guide price

£3,000

Studio for sale
Basement Area, 121 Queen Mary Road, Norwood, London SE19

    Just added
    Auction
    Leasehold
    Added on 14/01/2026

    About this property

      Guide Price = £3,000-£5,000

      **For Sale By Public Auction 11th February 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

      A Residential Development Opportunity (Subject to Obtaining all Necessary Consents).

      Tenure
      Leasehold. The property is held on a 125 year lease from 25th June 2021 (thus approximately 120 years unexpired).

      Location
      The property is situated on a residential road close to local shops and amenities. The open spaces of Norwood Grove Park are within easy reach. Transport links are provided by Norbury and Gipsy Hill rail stations.

      Description
      The property comprises a development opportunity to create a lower ground floor flat beneath an existing mid terrace house arranged over ground and two upper floors.

      Accommodation
      The buyer will be required to excavate the area below the ground floor in order to create a new self-contained flat (subject to obtaining all relevant consents).

      There are no internal viewings

      Addendum
      Buyers must rely on their own enquiries with regard to any possible development potential.

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      Monthly repayment

      £15 per month

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