Summary - Leda Road, London SE18 5QR
2 bed 1 bath Apartment
Chain free with garage and long lease; ideal for investors or DIY buyers seeking value.
Chain-free third-floor apartment with two double rooms
Set on the third floor of a 1970s concrete block, this chain-free apartment offers two generous rooms, a large lounge and a separate kitchen-diner across 577 sq ft. The long lease (119 years) and included garage are practical benefits for purchasers able to buy with cash. Communal heating and an affordable council tax Band B help keep running costs predictable.
The interior is serviceable but clearly dated: vinyl floors throughout, basic bathroom and kitchen fittings, and an exterior that would benefit from block-wide refurbishment. The EPC rating is D and the property will suit buyers prepared to modernise rather than those seeking a move-in-finish home. Service charges average £1,080 per year — factor this into running costs.
Location strengths include excellent mobile and fast broadband, nearby transport links, local shops, leisure amenities and several well-rated schools within easy reach. The immediate neighbourhood is an established area of renting families within an inner-city, cosmopolitan setting, which supports rental potential for investors.
Important negatives: the property is only available to cash buyers, crime levels in the vicinity are above average, and the building’s exterior and communal areas show 1970s concrete construction that may require external renovation. Buyers should allow budget for updating and check communal management arrangements.
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