Sunny, affordable studio with long lease and parking — ideal for first-time buyers or investors..
Top-floor studio with good natural light
Separate sleeping area with built-in storage
Long lease — 169 years remaining
Off-street parking available
Double-glazed windows throughout
Small footprint — approx. 334 sq ft
Electric storage heating — potentially higher running costs
Local area deprivation and above-average crime levels
Set perching on the top floor of a modern block, this compact studio offers an affordable London entry point with a long lease and off-street parking. Natural light fills the open reception and separate sleeping area, and built-in storage keeps the layout efficient for everyday living.
Practical features include double-glazed windows, fast broadband availability and a 169-year lease — all positives for first-time buyers or buy-to-let investors. New Cross Gate and South Bermondsey stations are within easy reach, making commutes and city access straightforward.
Be clear about the limits: the flat is small (approximately 334 sq ft) and uses electric storage heaters, which can be costlier than gas central heating. The local area is classified as deprived and has above-average crime levels; purchasers should weigh neighbourhood factors and consider security measures.
This property suits a single buyer or couple seeking a low-maintenance, well-located pied-à-terre or an investor looking for a straightforward rental asset. The long lease and modern construction reduce immediate major expense risk, but anticipate modest ongoing running costs and limited living space.