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Lower Ground Floor Flat, 85 Melbourne Grove, London, Southwark, SE22 8RR

PROPERTY TYPE

Apartment

BEDROOMS

1

SIZE

409 sq ft

38 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Lower ground floor flat
  • Leasehold (150 years from 24 June 2005)
  • In need of design, repair, modernisation and planning
  • Extent 409 SQFT
  • Southwark, London
  • Ideal for investors and developers
  • Vacant
  • Auction 27 June 2027

Description

FOR SALE BY AUCTION: To be sold by public auction on the owner's instruction. A vacant leasehold (150 years from 24 June 2005) lower ground floor basement flat in need of design, modernisation, repair and planning permission with an extent of 409 SQFT. Ideal for investors and developers. To be sold via online bidding on Friday, 27 June 2025.

Auctioneers' comments: 'A unique opportunity for an investor/developer to bid and buy this property to overcome the design and layout challenges to realise substantial forced appreciation in a densely populated part of London'

Auction date
The property is to be sold by public auction on Friday, 27 June 2025 via a 2-hour online bidding window.

Description
Leasehold, vacant, in need of design, repair and modernisation, 409 SQFT

Location
Southwark, London, 0.4 miles to East Dulwich railway station (Zone 2), 0.8 miles to North Dulwich railway station (Zone 2,3)

Accommodation
Lower ground floor: two rooms, landing, hall

EPC rating
F

Tenure
Leasehold with vacant possession
150 years from 24 June 2005

Local authority and council tax band
London Borough of Southwark
Council tax band: unknown

Pre-auction bids
To make a pre-auction bid, you must be an approved bidder. Once you have set up your online bidding account, verified your ID and paid the security deposit, you can email the amount you would like to bid. The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable. Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min. £5,000) and all auction fees listed. The Auctioneer reserves the right to refuse any bid.

Auction fees
In addition to the 10% deposit (min. £5,000) of your winning bid, you must pay an auction buying commission of 2.5% plus VAT (min. fee of £2,100.00 plus VAT) of the purchase price and auction buying fee of £1,900.00 plus VAT. Please be aware that additional fees may be payable on completion, including disbursements in the legal pack. Check the legal pack for each lot you are interested in before bidding.

Brochures

Lot 122 Property ParticularsLegal DocumentsOnline Bidding
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Ask agent
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Lower Ground Floor Flat, 85 Melbourne Grove, London, Southwark, SE22 8RR

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About Higgins Drysdale, Chichester

104 Shippam Street, Chichester, PO19 1AY
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Welcome to Higgins Drysdale. We are an independent property sales business founded and run in response to the modern and ever-changing property market. Our focus is on delivering the best advice possible to sellers and buyers. Higgins Drysdale is a specialist residential and commercial property a​g​ent with an unrivalled depth of experience and market knowledge. We take great pride in the level of service offered to clients. This service is enhanced by an awareness that not only do we have a duty to achieve the best possible price for our clients but also a duty of care to our many buyers.

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Disclaimer - Property reference 294422. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Higgins Drysdale, Chichester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Higgins Drysdale, Chichester on 01243 973080.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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