Central transport links and long lease ideal for an entry-level London purchase.
Approx. 30 sqm second-floor studio with large window
A bright second-floor studio set in a well-maintained block right beside Oval Underground Station. The open living space benefits from a large window and wooden flooring, while the kitchen includes an oven, hob, dishwasher and washing machine — ready for everyday use. Heating is covered by the service charge, and a private ground-floor storage unit plus communal launderette add everyday convenience.
Ownership is straightforward: a long lease (to 3001) with a stated share of freehold and no current ground rent payable. The building offers communal parking and caretaker support, helpful for first-time buyers wanting low-fuss city living. The location places the Kia Oval and Kennington Park close by, with multiple food and shopping options on the doorstep.
Be realistic about running costs and local conditions. The average service charge is £2,300 a year; broadband speeds are reported as very slow in this area. Crime levels are higher than average locally and the wider neighbourhood is classified as deprived — factors to weigh alongside the strong transport links. Viewing is recommended to judge the layout and light for yourself.
This studio suits a buyer seeking an efficient, central pied-à-terre or an entry-level London home with long lease security and practical on-site storage. It also has basic rental potential given the tube-side position, though prospective landlords should factor service charges and local demand when modelling returns.