Summary - Flat 75, Parker Building, Freda Street SE16 4ED
1 bed 1 bath Flat
Ready-to-move-in one-bedroom with integrated kitchen and underfloor heating.
Bright fifth-floor corner flat with dual-aspect reception and private balcony
This fifth-floor corner apartment offers a bright, modern living space ideal for a first-time buyer seeking ready-to-move-in accommodation. The dual-aspect reception and private balcony bring generous natural light; the open-plan kitchen has integrated appliances and a separate utility for added convenience. The double bedroom includes full-height built-in storage and the bathroom is fully renovated with extra shelving.
Practical running costs are reduced by underfloor heating and an air-source heat pump; triple glazing adds thermal and acoustic benefit. The development has lift access and fob-secured entry for everyday ease. With 529 sq ft of accommodation and a 111-year lease, the flat suits buyers wanting a long lease in a new-build-type block (constructed post-2012).
Location is a strong selling point: Bermondsey Street, Maltby Street Market and local cafés are within easy reach, and Bermondsey Station provides rapid links into central London and Canary Wharf. Nearby primary and secondary schools include several rated Good and Outstanding.
Important considerations: the property sits in a high-crime, deprived area statistically, which may concern some buyers and could affect resale expectations. Service charges average £1,878 per year. The flat is leasehold, so buyers should budget for stamp duty, legal costs and standard leasehold checks before committing.
This apartment presents a low-maintenance, contemporary city base with scope to benefit from local amenities and transport links, balanced against higher local crime statistics and ongoing service charges.
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