Bright open-plan apartment a short walk from Waterloo transport hubs.
Large open-plan reception with integrated modern kitchenette
Double bedroom and sleek bathroom in good contemporary condition
Long lease (986 years) — strong tenure for buyers
Very slow broadband speeds; may require provider upgrades
Reported damp issues in living area — remedial work likely
Above-average local crime rates and area deprivation indicators
Electric underfloor heating — efficient but potentially higher running costs
Annual ground rent £450
This well-presented one-bedroom flat on the second floor offers a bright, open-plan living space in a modern development close to Lambeth North and Waterloo. The large reception area and integrated kitchenette create a flexible city base ideal for a first-time buyer or an investor seeking a central London let. The long lease (986 years) and double glazing are practical ownership strengths.
Buyers should note some practical drawbacks: occasional damp has been reported in the living area, broadband speeds are very slow, and the property sits in an area with above-average crime and local deprivation indicators. Heating is electric underfloor, which is efficient for the space but may mean higher running costs compared with gas in larger homes. Ground rent is £450 per year.
The location is a clear asset: an abundance of shops, cafes and cultural amenities are within walking distance, and multiple transport links provide fast access across central London. Nearby schools include several rated Good and an Outstanding academy, supporting family-style purchase decisions.
Overall this flat suits someone seeking a convenient, contemporary city home with straightforward ownership (very long lease) and potential to add value through minor refurbishment and broadband upgrades. Be realistic about maintenance items and local area factors when comparing similar SE1 choices.
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