Summary - 11, Raul Road, Peckham, LONDON SE15 5HR
2 bed 1 bath Apartment
Affordable two-bed starter with good transport links and communal garden.
- Ground-floor 2-bed apartment, approximately 495 sq ft
- Short walk to Peckham Rye Station and local amenities
- Communal rear garden; suitable urban outdoor space
- Leasehold: 115 years remaining (long lease)
- Service charge c. £91.66 PCM (£1,099.92 pa); low nominal ground rent
- Council Tax Band A — low ongoing council tax
- Compact layout; small overall size, limited living space
- Local area: very high crime and high deprivation — consider security
This ground-floor two-bedroom apartment in Peckham offers a compact, well-located starter home a short walk from Peckham Rye Station. At around 495 sq ft the layout is practical and the property includes access to a communal rear garden — useful outside space in an urban setting. Fast broadband and excellent mobile signal support home working and streaming.
The flat suits first-time buyers seeking an affordable entry to South London. The lease is long (115 years remaining) and running costs are clear: a low nominal ground rent and a predictable service charge (approximately £91.66 PCM / £1,099.92 pa). Council Tax is Band A, keeping ongoing costs relatively low.
Buyers should be aware of material local considerations. The surrounding area scores high for crime and very high on deprivation indices; buyers should factor safety and security measures into their plans. The apartment is compact with a conventional post‑war layout and will suit someone prioritising location and price over generous living space. Some cosmetic updating may be desirable in places to personalise the home.
In short, this is a budget-conscious, well-connected starter property with future potential for modest improvement. It will appeal to first-time purchasers who value transport links, local amenities and low holding costs, while prepared to manage the challenges of an inner-city neighbourhood.
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