This vacant three-bedroom semi-detached house is being sold by public auction on May 28th, 2025, and is held on a 50-year lease from 1998, with approximately 22 years unexpired. The property is situated on a residential road near local shops and amenities, with Streatham Common and rail station nearby. The house requires refurbishment and is arranged over three floors, with two reception rooms, a kitchen, three bedrooms, a bathroom, and a separate WC. The property is subject to a modern ground rent of £23,500 per annum, payable from 2023. It's worth noting that as a leasehold property, the buyer will need to consider the cost of extending the lease to 90+ years, which involves serving a Section 42 notice to the freeholder and negotiating a premium for the extension.