Summary - Tavern Quay, Rope Street, London, SE16 SE16 7EX
2 bed 2 bath Apartment
Bright open-plan home with waterside views, ideal for first-time buyers or investors.
Two double bedrooms, primary with ensuite and fitted wardrobes
796 sqft (74 sqm) with open-plan reception and covered balcony
Communal rooftop terrace with water views and onsite concierge
Built 2016, long lease (238 years) and chain free
Service charge £6,170.01 pa (above average) and insurance included
Ground rent £523.35 pa (RPI-linked; next review 2034)
On-street permit parking only; no allocated parking
Local crime above average; area shows deprivation indicators
Set within the Tavern Quay development, this 796 sqft riverside flat offers bright, low-maintenance living with strong commuter links. Floor-to-ceiling glazing and a covered balcony frame views over Greenland Dock, while an open-plan reception and modern kitchen create an easy daily layout. Two double bedrooms — one with fitted wardrobes and an ensuite — suit sharers, a couple, or an investor seeking reliable rental appeal.
Practical shared amenities include an onsite concierge, lift access, communal rooftop terrace with views, secure entry and a cycle store. Built in 2016, the building benefits from modern systems such as a ventilation setup and superfast Hyperoptic broadband. The property is chain free and sits on a long lease (238 years), giving certainty on tenure.
Buyers should note the material running costs: an above-average service charge (£6,170.01 pa, including £1,382.92 insurance), an expensive ground rent (£523.35 pa with the next RPI review in 2034) and Southwark Council Tax in Band E. Parking is limited to on-street permit only. The location has higher-than-average crime and notable area deprivation indicators, although flooding risk is very low and public transport, shops and green spaces are nearby.
Overall this is a modern, well-specified riverside home with strong rental and owner-occupier appeal thanks to space, light and communal facilities. Prospective buyers should factor in the service costs, ground rent and local area issues when assessing value and running costs.
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