Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Emma Magnus

Why did this two-bed garden flat in south-east London sell for just £117k at auction?

As the stamp duty threshold drop comes into effect next week, all eyes are on properties which cost less than £125,000.

While this seems like an impossible task in London, a two-bedroom ground floor flat in Thamesmead went up for auction with a guide price of £90,000. Perhaps unsurprisingly it sold on March 19 for £117,000 — £27,000 over its guide price.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.