This one-bedroom apartment in Upper Norwood is a new investment opportunity, available for auction with a starting price of £180,000. Spanning approximately 475 square feet, the property is set in the basement of a period residential development and features an open-plan living room/kitchen, a double bedroom, a family bathroom, and its own private patio. The property is currently occupied by a long-term tenant, making it an attractive investment opportunity with an estimated yield of around 7%. Located on Denman Road, the property is conveniently situated near South Norwood and Crystal Palace Park, with a range of shops, bars, and restaurants nearby. The area also offers excellent transport links, including trains and buses to Central London and surrounding areas, as well as a selection of local schools. The property is being sold through the Modern Method of Auction, with a 56-day reservation period.