Move-in-ready SE5 flat near Burgess Park with long lease and low running costs.
Recently renovated two-bedroom conversion with high ceilings and wooden floors
A recently renovated two-bedroom conversion in a Victorian corner building, this apartment offers spacious rooms, high ceilings and period character in a very central SE5 location. The living space benefits from large windows, a bay feature and wooden floors, creating an airy feel that suits first-time buyers seeking move-in-ready accommodation.
Practical points support everyday living: 104 years remaining on the long lease, low annual ground rent (£40) and a below-average service charge (£900 per year). The property sits moments from Burgess Park and a wide range of cafés, shops and transport links, with Elephant & Castle, Kennington and Oval stations all within reach.
Buyers should be aware of a few material considerations. The area records high crime and scores as relatively deprived, which may affect resale or rental prospects. The building’s solid brick walls have no installed cavity insulation (as built), so heating costs may be higher than modern builds despite an EPC C rating. This is a traditional layout apartment in a pre-1900 building, so further upgrades are possible if desired.
Overall this is a practical, characterful option for a first-time buyer wanting central access and green space nearby, or an investor looking for a straightforward, renovated flat with manageable ongoing costs. Assess personal priorities around neighbourhood environment and long-term energy improvements before committing.
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