Guide price

£49,000

1 bed flat for sale
45 d York Grove, London, Southwark SE15

    • 1 bed

Auction
Freehold
Added on 10/09/2026

About this property

    For sale by Online Auction - 23rd ofSeptember 2026

    Investment Opportunity Central London

    tcpa East Midlands are pleased to present this low-entry investment opportunity in London.

    The property comprises a one-bedroom unit and may appeal to investors seeking an accessible entry point into the London property market. The unit is understood to be tenant occupied, providing potential investors with an opportunity to acquire an investment with existing occupancy.

    Rooms/Units of this type can attract strong interest from investors, particularly where there is demand for well-located, affordable accommodation. Pre-auction offers may be considered, subject to the seller's approval and the applicable auction terms.

    Interested buyers are encouraged to register to bid or submit a pre-auction offer at the earliest opportunity.

    Investment Highlights
    Offered significantly below market value
    1-bedroom leasehold unit/room
    Located in a residential area of London
    Previously achieving £800 pcm rental income
    Now offered with vacant possession
    Potential to achieve an attractive rental yield
    Opportunity for investors seeking value and future rental income
    Scope to assess and maximise the property's investment potential

    The property was previously occupied by tenants and generated £800 per calendar month (£9,600 per annum) in rental income. It is now being offered with vacant possession, giving the successful purchaser the flexibility to review the rental strategy, undertake any required works, and potentially reposition the property to maximise its investment potential.

    With its London location, established residential setting and below-market-value pricing, this property represents an interesting opportunity for investors looking for value, rental potential and future upside. Given the pricing and potential for improvement, we anticipate significant demand and expect strong interest from the investment market.

    Investors are therefore encouraged to come forward with their best offers prior to auction. Early offers may be considered, and interested parties are advised to act promptly to avoid missing the opportunity.

    Important Information

    Property is leasehold please refer to legal pack.

    Tcpa East Midlands have not inspected the property internally. The property is therefore being offered without internal inspection, and prospective purchasers are strongly advised to carry out their own due diligence, investigations and enquiries before proceeding with a purchase.

    Interested parties should satisfy themselves as to the property's condition, accommodation, rental potential, lease terms, market value and all other relevant matters prior to bidding or purchasing. There is no viewings for this lot.

    An opportunity to acquire a London residential investment at a potentially attractive entry price.

    Unconditional lot Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

    Mortgage calculator

    Monthly repayment

    £245 per month

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    More information

    • Tenure

      Freehold

    • Service charge

      £100 per year

    • Council tax band

    • Ground rent

      £100

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