A Ground Floor Two Bedroom Flat Subject to a Periodic Tenancy Producing £13,800 Per Annum
81A Honley Road, Catford, London, SE6 2HY
A ground floor two-bedroom flat held on a 99-year leasehold from February 1985 (approximately 58 years unexpired), subject to a periodic tenancy producing £13,800 per annum. The property comprises a reception room, kitchen, two bedrooms, and bathroom with a private rear garden.
Auction analysis
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Recent sold prices nearby
Land Registry sold prices within ~0.1 miles.
How we worked this out
The estimated value is a model based on the postcode, property type and size. Figures are indicative, not a formal valuation. We don't have a floor area for this lot, so we assumed ≈680 sq ft from the bedroom count. Verdict compares the guide price to the estimate. Always do your own due diligence and view the legal pack before bidding.
Analysis generated Jun 2026
Accommodation
- Reception Room
- Kitchen
- Bedroom 1
- Bedroom 2
- Bathroom
Full description
A ground floor two-bedroom flat situated within a mid-terrace building arranged over ground and first floors. The property is held on a 99-year lease from 22nd February 1985, with approximately 58 years unexpired. The accommodation comprises a reception room, kitchen, two bedrooms, and bathroom on the ground floor. The property benefits from a private rear garden. The property is situated on a residential road close to local shops and amenities. The open spaces of Mountsfield Park are within easy reach, and transport links are provided by Catford Bridge rail station. The property is subject to a periodic tenancy at a rent of £1,150 per calendar month, producing £13,800 per annum. Prospective purchasers should note that when purchasing a flat with a short lease, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder by serving a Section 42 notice requesting a lease extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. EPC Rating: D
Financial Tools
For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.
