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Property for sale
158a New Cross Road, New Cross, London, SE14
£275,000
158a New Cross Road, New Cross, London, SE14
£275,000
Our Summary
- Key FeaturesLot 93 for sale by auction on 30/07/2025To view the property or see a virtual tour please refer to the full sales particulars on the auctioneers websiteLet on a nightly basis via Lambeth CouncilFirst Floor - Reception Room, Kitchen, BathroomSecond Floor - Two BedroomsLease with approximately 102 Years remainingGIA (Source: EPC) approximately 61 sq m (656 sq ft)New Cross Gate station is within easy walking distanceKey LocationsThe property is situated on the west side of New Cross Road, at its junction with Besson StreetThe shops and amenities of New Cross Road are readily availableNew Cross Gate station (London Overground and Southern Railway services) is within approximately a 10 minute walk to the eastLocated on the A2, with the A20 also being accessible to the south eastEckington Gardens is within approximately a 5 minute walkAdditional InformationWe understand that the property is managed by Midos Management Company on behalf of the seller and that it is let through the London Borough of Lambeth at a daily gross rent of £59 and a daily net rent of £53
Description
This property, Lot 93, is a first-floor flat located on the west side of New Cross Road, within walking distance to New Cross Gate station. The property has a reception room, kitchen, and bathroom on the first floor, and two bedrooms on the second floor. With approximately 61 square meters of living space, the property is leasehold with around 102 years remaining on the lease. The property is currently let through Lambeth Council, generating a daily gross rent of £59 and a daily net rent of £53.10, equating to an annual gross income of £21,535 and a net income of £19,381.50. The property is situated near shops, amenities, and transport links, making it an attractive investment opportunity.