Summary - 242 Lucey Way SE16 3UG
5 bed 1 bath Maisonette
Three-floor layout with two private balconies near Bermondsey amenities.
Five generously sized bedrooms over three floors
A flexible five-bedroom maisonette arranged over three floors, this property offers generous sleeping accommodation, two private balconies and a bright reception room. The modern galley kitchen and separate shower room complement the principal family bathroom, making the layout practical for sharers or a large family.
Set close to Bermondsey and Surrey Quays, the flat benefits from easy access to local parks, shops and strong transport links. Nearby schools include highly rated primary options and Harris Academy Bermondsey (Outstanding), which will appeal to families. The block dates from the 1950s–60s and sits within an inner-city, cosmopolitan neighbourhood with many local amenities.
Buyers should note the material facts: the flat is leasehold with 89 years remaining, an average service charge of £3,790 and a ground rent of £10. The area records higher-than-average crime and is classified as deprived, which may affect long-term resale and rental demand. Heating is via a mains community scheme and the glazing is double glazed, but dates are unknown.
This maisonette presents clear short-term rental or refurbishment potential for investors, and practical living for households needing multiple bedrooms near central South East London. Its outside space and configuration are useful selling points, but budget for communal costs and consider lease extension options if buying long-term.
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