Rye Hill Park, London SE15

Property Details: • Type: N/A

• Bedrooms: 2 • Bathrooms: 0

Description: A well proportioned two bedroom apartment, conveniently located within easy reach of excellent rail connections from Nunhead and Brockley stations, together with a comprehensive range of local amenities and Peckham Rye Park.<br><br>The property is offered for sale by auction and represents a notable opportunity for investors seeking an asset with potential for enhancement in a highly desirable location.<br><br>The estimated rental income is in the region of £1,800 per calendar month, reflecting an approximate gross yield of 12%, subject to the property’s condition and market conditions.<br><br>Please note: Cash buyers only due to current restrictions on residential mortgage lending for the building.<br><br><strong>Auction</strong><br><br>To be sold by online auction (unconditional) on Thursday 30th April 2026 with a 6 week completion, bidding will open at 10.00.<br><br><strong>To View</strong><br><br>Viewings will be conducted prior to the auction, please visit our website to book an appointment at <br><br><strong>Registration</strong><br><br>All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.<br><br><strong>Tenure</strong><br><br>Leasehold with vacant possession.<br><br><strong>Lease</strong><br><br>125 years from 5 June 1989 - 87 years remaining.<br><br><strong>Ground Rent And Service Charge</strong><br><br>Please see legal pack for further details.<br><br><strong>EPC Rating</strong><br><br>C<br><br><strong>Council Tax Band</strong><br><br>B - Southwark<br><br><strong>Legal Pack</strong><br><br>For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors.