Summary - PROSPECT HOUSE FLAT 38 GAYWOOD STREET LONDON SE1 6HF
2 bed 1 bath Flat
Two double bedrooms, skyline views and a private balcony — cash buyers preferred..
Split-level 2-bedroom flat with panoramic south-west skyline views
Large living room leading to private balcony, separate modern kitchen
103 years remaining on lease; annual service charge £1,776
Chain-free sale; marketed as cash buyers only
No central heating system present; electric heaters assumed
Cavity walls likely uninsulated; potential thermal upgrades needed
High local crime and very deprived area may affect value and lettings
Permit/off-street parking available; council tax Band B (relatively cheap)
Set over two levels on the 5th and 6th floors, this split-level flat offers panoramic city skyline views and a private south-west-facing balcony. The layout includes a large living room, separate modern kitchen and two double bedrooms — a practical plan for sharers or buy-to-let investors seeking central SE1 stock.
The property is presented as a cash-buy opportunity and is sold chain free. Practical details: 103 years remain on the lease, the annual service charge is £1,776 and ground rent is £10 per year. Permit/off-street parking is available nearby and council tax is band B.
Buyers should note material considerations: there is no central heating system installed (electric heaters assumed), cavity walls appear to lack insulation, and the building dates from the 1950–66 period. The immediate area has high crime levels and is classified as very deprived, which will affect resale and lettings tone and pricing.
This flat suits investors or cash-ready buyers who value location and views and are prepared to carry minor upgrades and ongoing service charges. With strong transport links (Elephant & Castle stations nearby), local amenities and several well-rated schools close by, the property offers straightforward rental potential or an inner-city home for those prioritising access over tranquillity.
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