Contemporary one-bedroom penthouse with balcony, gated parking and a 990-year share of freehold..
- Share of freehold with 990 years remaining
- Private balcony off open-plan living space
- Gated allocated parking included
- Integrated kitchen appliances; contemporary finishes
- Generous double bedroom with walk-in wardrobe
- Annual service charge £2,177.28 plus reserve contribution
- Above-average local crime rate; consider security/insurance
- Located close to Wanstead High Street and Snaresbrook station
This penthouse one-bedroom apartment on Hermon Hill offers a compact, contemporary home in the heart of Wanstead. The open-plan living area flows to a private balcony, while an integrated kitchen and generous walk-in wardrobe maximise usable space for everyday living. Secure gated allocated parking and a share of freehold with a long lease (990 years) are strong ownership advantages.
The property suits first-time buyers seeking a low-maintenance city-edge home or buy-to-let purchasers looking for good rental appeal close to Wanstead High Street and Snaresbrook station. Broadband and mobile signals are strong and local schools are well regarded, adding practical lifestyle benefits.
Buyers should note the annual service charge of £2,177.28 and the separate reserve fund contribution, which support building upkeep but add to running costs. The immediate area records above-average crime and higher local deprivation indices; factor these into location preferences and insurance choices. Overall, this is a well-presented, modern penthouse with convenient transport links and secure parking, offered with a very long lease.
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