SE2 0LB - 1 bedroom flat for sale in Commonwealth Way, London, SE2

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1 bedroom flat for sale in Commonwealth Way, London, SE2

Summary - 44 Commonwealth Way SE2 0LB

1 bed 1 bath Flat

Bright one-bedroom flat with large front window and contemporary living space
115 years remaining on lease; leasehold tenure, straightforward to mortgage
Low annual ground rent (£100) and below-average service charge (£950)
EPC rating D (68) with potential to reach C (77) — energy improvements possible
Dated, small kitchen will require refurbishment for modern standards
Solid brick construction likely without cavity insulation — consider heating upgrades
Located in a deprived area with above-average crime; confirm local safety measures
Convenient transport links to Woolwich, Abbey Wood (Elizabeth Line) and central London
A compact one-bedroom leasehold flat in SE2, offering a practical city base or buy-to-let opportunity. The living area is bright with a large front window and contemporary finishes; the bathroom and fittings are tidy and ready for occupation. The kitchen is dated and small, so buyers should expect modest refurbishment costs to modernise cooking facilities. The block is mid-20th century brick construction with communal grounds and an EPC of 68 (D), so there is clear scope to improve energy efficiency.

The property's long lease (115 years) and low annual ground rent (£100) make it straightforward to finance and attractive to first-time buyers or investors. Service charge is £950 per year, below average for the area, but prospective purchasers should confirm what is covered and any planned works. Transport links are a strength: nearby rail and bus services give quick access to Woolwich, Abbey Wood (Elizabeth Line) and central London.

Buyers should be aware of material local factors: the neighbourhood is classified as very deprived and crime levels are above average. The building has solid brick walls likely without cavity insulation, so heating costs and comfort could be improved with targeted upgrades. For a buyer willing to update the kitchen and invest in energy improvements, this flat offers affordable entry to the market or a lettable unit with good transport demand.

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