Summary - 198a Peckham Rye SE22 0LU
2 bed 1 bath Flat
Character two-bed near shops and trains, ideal starter home or investor buy.
Picturesque views over Peckham Rye Park
Set on the first floor of an imposing Victorian semi, this two-bedroom flat offers bright, characterful living with direct views over Peckham Rye Park. High ceilings, original floorboards and a period fireplace give the reception room strong period appeal, while the layout provides practical living space for a first-time buyer or buy-to-let investor.
At roughly 550 sq ft, the apartment is compact but well-proportioned: a spacious reception, two modest bedrooms, a separate kitchen and a bathroom. The property is in good condition and ready to occupy, with mains gas central heating and good mobile reception. Local transport links at Peckham Rye and East Dulwich connect easily to central London, and Lordship Lane’s shops, cafes and restaurants are within walking distance.
Important ownership details are straightforward but material: the flat is leasehold with 88 years remaining, an annual service charge of about £2,566 and a ground rent of £100. The building’s solid-brick Victorian construction means limited wall insulation is likely; further improvement works could increase comfort and long-term value. Overall, this is a characterful, well-located small flat suited to first-time buyers seeking park-side living or investors targeting strong local rental demand.
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