Summary - Gaumont House, Staffordshire Street, London, SE15 SE15 5TS
2 bed 1 bath Flat
Affordable entry to London living with balcony and fast broadband.
40% shared ownership available; purchase price for share £148,000
Minimum 5% deposit required on the share
Sixth-floor flat with private balcony and open-plan living area
Long lease (971 years) — favourable for mortgages and resale
Monthly total charge c. £882.19 (rent £679.72 + service £202.47)
Service charge approx. £2,429.64 per year
Heating via electric room heaters (no gas central heating)
Area classified as very deprived; crime above average
A bright two-bedroom sixth-floor apartment in Peckham offered via Shared Ownership, ideal for first-time buyers seeking an affordable London foothold. The flat includes an open-plan living room with a private balcony, two bedrooms and a bathroom across about 640 sq ft. Available as a 40% share priced at £148,000 (marketing price £370,000), the scheme requires a minimum 5% deposit on the share.
Practical strengths include long lease length (971 years), triple glazing, fast broadband and excellent mobile signal. Monthly costs are transparent: monthly rent £679.72 and average monthly service charge £202.47 (annual service charge c. £2,429.64), giving a total monthly payment of about £882.19 plus mortgage costs on the 40% share. Heating is electric room heaters, and the EPC is band C.
Location offers genuine convenience with strong public-transport links, nearby shops, cafes and schools (multiple well-rated primaries and secondaries within reach). Be clear about local context: the area is classified as very deprived with above-average crime statistics, and the property’s electric heating and room-heater system may feel costly compared with gas central heating. Shared Ownership and any Section 106 allocation rules may restrict eligibility and resale options, so obtain independent legal and financial advice before proceeding.
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