Summary - 5 FLAT 101 CHICHELEY STREET LONDON SE1 7PN
2 bed 2 bath Flat
Compact contemporary flat near London Eye, ideal for first-time buyers.
Seventh-floor two-bedroom flat, bright open-plan living space
Set on the seventh floor, this compact two-bedroom flat places central South Bank attractions within easy reach. The open-plan living area and contemporary kitchen create a bright, efficient space for everyday living and entertaining. Both bedrooms are doubles and the apartment benefits from a main shower room plus an en suite with modern fittings.
Practical features include underfloor heating with individual thermostats and double glazing; the long lease (share of freehold, c.968 years) offers ownership security. The property is small (approximately 547 sq ft) and suits buyers seeking a central pied-à-terre or a first home rather than a large family residence.
Buyers should note several important facts: the service charge is above average at £7,200 per year and there is a modest ground rent of £100. The building dates from the 1930–49 period and has timber-frame walls assumed to lack insulation, which may affect thermal performance and future upgrade costs. Local crime levels are recorded as very high; the neighbourhood is a busy, multicultural student area with strong footfall and nightlife.
Overall this flat offers contemporary finishes, strong central location and an unusually long lease, balanced by higher running costs and the practical limits of a small, inner-city apartment. It will suit first-time buyers or investors prioritising location and convenience over expansive living space.
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