Summary - 41 STEVENSON CRESCENT LONDON SE16 3EN
1 bed 1 bath Flat
Immaculate, low‑hassle urban home with parking and long lease for first buyers.
Allocated off‑street parking included, convenient for residents and visitors
Long lease of 156 years — secure tenure for buyers and lenders
Chain‑free sale for a quicker, simpler purchase process
Service charge approximately £1,959 per year — ongoing cost to budget
Electric storage heaters; electricity is main fuel — potentially higher running costs
No private garden; compact 509 sq ft internal area suited to one or two people
Very low flood risk and modern double glazing fitted post‑2002
Local crime level is higher than average — consider security and insurance
Bright, compact and ready to move into, this one-bedroom flat on Stevenson Crescent suits a first-time buyer or investor seeking an inner‑city base with low upfront obstacles. The apartment is in excellent condition with a generous reception and a modern semi open-plan kitchen that makes the most of its 509 sq ft. Allocated off‑street parking and communal grounds are practical extras not often found at this price point in SE16.
Practical details are strong: a long lease (156 years remaining), chain‑free sale and an annual service charge of £1,959 mean a straightforward purchase but ongoing costs to budget for. Heating is via electric storage heaters and the property is powered by electricity (not a communal system), which may affect running costs compared with gas‑heated homes.
The location is very convenient — 0.4 miles from South Bermondsey station and close to cafes, delis and local shops. Broadband speeds are average and mobile signal is excellent, supporting home working or streaming. The immediate setting is a quiet, tree‑lined development with a pleasant residential outlook over communal landscaping and parking.
Be aware of higher local crime levels compared with national averages; prospective buyers should factor this into insurance and personal security plans. There is no private garden and the flat is best suited to a single occupant or couple. Overall, this property offers good value for buyers seeking a low‑hassle purchase and practical inner‑London living with potential for rental income.
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