Turnkey buy-to-let opportunity with parking close to Tube.
- Third-floor one-bedroom apartment with good natural light
- Gated off-street parking space included
- Communal gardens and well-maintained block
- Built-in storage and attic space for extra storage
- 93 years remaining on the lease (approx.)
- Service charge circa £1,324 pa; insurance ~£430 pa
- Ground rent £110 pa (until 2043)
- Currently tenanted; local area records higher crime levels
A practical, well-presented one-bedroom apartment on the third floor of a purpose-built block between Kennington and Stockwell. The flat benefits from abundant natural light, fitted kitchen appliances, built-in storage and double-glazed windows, making it straightforward to manage for an investor or first-time buyer seeking a low-upkeep property.
Value drivers include a gated off-street parking space and communal gardens—rare extras for this area—which support lettability and resale appeal. The property is currently tenanted, offering immediate rental income subject to tenancy terms being verified.
Buyers should note the lease has approximately 93 years remaining and there is an annual service charge of circa £1,324 plus insurance (£430 pa) and a small ground rent of £110 pa (until 2043). The block is described as well maintained, but the flat’s third-floor position may limit accessibility for some occupiers and the local area records higher crime levels than average, which could affect long-term tenant demand.
Overall, this is a sensible buy-to-let or starter purchase in a well-connected central location with parking and communal outdoor space. Interested purchasers should confirm tenancy details, service charge breakdown and review lease documents before proceeding.
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