THIS derelict house in Peckham is searching for a new owner.

Advertised on Zoopla, the house in Nutbrook Street, Peckham, has a guide price of £625,000.

It will go into an online auction with McHugh and Co on May 26.

This freehold house is an ideal property for a first-time investment opportunity.

This Is Local London: Nutbrook Street, Peckham. Credit: ZooplaNutbrook Street, Peckham. Credit: Zoopla

It comprises a lounge, kitchen, two bathrooms, dining room, garden, and four bedrooms.

The property has been in the same ownership for 28 years.

This Is Local London: Nutbrook Street, Peckham. Credit: ZooplaNutbrook Street, Peckham. Credit: Zoopla

It is close to plenty of local amenities including Peckham Rye railway Station.

Peckham Rye Park and Common and Kings College Hospital are also nearby.

This Is Local London: Nutbrook Street, Peckham. Credit: ZooplaNutbrook Street, Peckham. Credit: Zoopla

The front of the house has been damaged by fire which will require major repairs.

It's going to require large renovation costs, a lot of work - and someone who actually dares go inside the kitchen.

This Is Local London: Nutbrook Street, Peckham. Credit: ZooplaNutbrook Street, Peckham. Credit: Zoopla

The outside of the flat looks like a normal end of terrace house, fitting in with others-alike on the same road.

However, the flat itself doesn't have the same look - with floors and walls that have been untouched for years.

This Is Local London: Nutbrook Street, Peckham. Credit: ZooplaNutbrook Street, Peckham. Credit: Zoopla

Almost every room has blue bin bags scattered across the floor or on the beds, so it's clear this property has been vacant for some time.

This Is Local London: Nutbrook Street, Peckham. Credit: ZooplaNutbrook Street, Peckham. Credit: Zoopla

There is a lot of potential to turn this property into a family home or a first-time investment opportunity.

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