Chain-free apartment in a gated development minutes from Bermondsey Market and stations.
- Chain free and available with a 971-year lease
- Large open-plan living and kitchen, c.1,000 sqft
- Two double bedrooms and two bathrooms
- Secure gated development with bike storage
- Close to Bermondsey Market, Bermondsey and London Bridge stations
- Electric storage heating; higher running costs possible
- Service charge c.£5,300pa and council tax above average
- Broadband reported slow locally; check providers
Situated in a secure gated development moments from Maltby Street Market, this chain-free apartment offers roomy living across approximately 1,000 sqft. The large open-plan reception and kitchen provides flexible space for entertaining or home working, while two double bedrooms and two bathrooms suit sharers or couples wanting extra room. A very long lease (971 years) and included bike storage add practical long-term value.
The building dates from the late 1990s/early 2000s and benefits from double glazing and cavity walls. Practical points include electric storage heaters and an all-electric supply, which keep installation simple but can mean higher running costs compared with gas-heated homes. Broadband speeds are reported as slow in the area; check available providers if high-speed connectivity is essential.
Service charges are notable at about £5,300 per year and council tax sits in an above-average band; budget for these ongoing costs. The area is an inner-city, multicultural neighbourhood close to Bermondsey and London Bridge — lively, well connected (Bermondsey station ~0.6 miles), but with the typical bustle of a central location.
This property will suit first-time buyers seeking roomy accommodation in a central, well-served pocket of SE1, or investors looking for a long-lease, chain-free purchase near strong transport links and local amenities. Viewings will be most useful for purchasers comfortable with electric heating and the stated service charge level.
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