Summary - 48 ELDERWOOD PLACE LONDON SE27 0HL
1 bed 1 bath Flat
Ideal for first-time buyers seeking low-maintenance living near parks and transport.
One double bedroom with separate reception and kitchen
Private patio garden and attractive communal gardens
Allocated off-street parking; gated development for added security
Large covered external storage ideal for bicycles and suitcases
Newly renovated throughout; contemporary fixtures and flooring
Grade II listed status — restrictions and extra costs likely
Leasehold: documents reference 83 years left and a 174-year extension — confirm status
Service charge ~£1,920 pa; small overall footprint (388 sq ft)
A well-presented one-bedroom ground-floor flat set within the grounds of a Grade II listed former children’s home. The apartment has been newly renovated and benefits from a private patio garden, allocated off-street parking and a large covered storage area ideal for bikes and luggage.
The layout is traditional with a separate reception room and kitchen, double bedroom and family bathroom. Communal gardens are attractive and the development is gated, offering added privacy and security. Transport links are convenient: West Norwood station and several bus routes are close by, with direct services to Victoria and London Bridge.
This property suits a first-time buyer or buy-to-let investor — it’s small (388 sq ft) but efficiently arranged and currently reported to offer an expected rental yield of around 6.5%. Service charges average £1,920 per year and the EPC is rated C.
Important legal and practical points are clear: the building is Grade II listed which can limit alterations and increase compliance costs; the flat is leasehold and the paperwork lists 83 years remaining, although a note also records a recent lease extension to 174 years. Prospective buyers should verify the current lease length and consult specialists on listed-building implications before committing.
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