Summary - 866, Old Kent Road SE15 1NQ
1 bed 1 bath Apartment
Modern 1-bed shared ownership apartment with low service charge and communal outdoor space.
25% shared ownership price £111,250 (full price £445,000)
544 sq ft 1-bedroom apartment, modern fittings throughout
Amtico flooring, Zanussi appliances, triple glazing
Below-average service charge £144 pcm
Car-free development; on-street parking only, no allocated space
Secure cycle store; communal picnic area and pergola
Very low flood risk; excellent mobile signal and fast broadband
High local crime and very deprived area — affects resale/letting
This 1-bedroom apartment is offered via shared ownership (25% share) within the SO Resi Peckham development on Old Kent Road. The scheme presents contemporary finishes throughout — Amtico flooring in living areas and wet rooms, Zanussi kitchen appliances and triple glazing — designed for low-maintenance urban living. At 544 sq ft overall, the layout suits a single buyer or couple needing practical space and private amenity access.
Practical running costs are clear: a below‑average service charge (£144 PCM) and very low flood risk. The development is car‑free with on‑street parking only, but includes a secure cycle store, communal picnic area and pergola that add usable outdoor space. Many apartments are dual aspect and some include balconies or terraces, bringing extra daylight and private outdoor access where present.
Important considerations: this is a leasehold shared‑ownership offer (25% share priced at £111,250; full price £445,000). There is no allocated parking and the immediate neighbourhood scores high for crime and very high on area deprivation measures — factors likely to affect both lifestyle and resale/letting prospects. The location is inner‑city cosmopolitan with good transport, fast broadband and nearby schools rated Good–Outstanding.
Overall, this apartment will appeal most to first‑time buyers seeking a lower‑entry point into London ownership with modern finishes and community amenities. Buyers wanting long‑term investment security, full ownership, or private parking should weigh the shared‑ownership terms, neighbourhood indicators and service charge alongside the favourable purchase price for a 25% share.
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