Large private terrace ideal for entertaining and outdoor space
Open-plan living with contemporary finishes and integrated appliances
Approx. 1,350 sq ft — unusually spacious for a penthouse in SE15
One bathroom only — important for families or multi-occupant use
999-year lease, zero ground rent and 10-year building warranty included
Developer incentives: 5% deposit boost, rate reducer, £1,000 legal credit
Estimated completion December 2025 — new-build purchase timetable
Area is inner-city with average crime and higher local deprivation
A bright, contemporary 3-bedroom penthouse in Rye Parkside, set moments from Peckham Rye park and well connected to central London. The large private terrace and open-plan living space create an excellent entertaining apartment with generous floor area (c.1,350 sq ft). Off-street parking and excellent mobile/broadband make everyday life convenient.
This is a new-build leasehold unit completing December 2025, sold with a 999-year lease, zero ground rent and a 10-year building warranty — useful protections for buyers of new homes. The developer is offering targeted incentives: a 5% deposit boost, lower-rate mortgage options through Own New Rate Reducer and a £1,000 legal fee allowance. Stamp Duty relief is available for eligible first-time buyers; note only one promotional offer may be used per purchase.
Practical points to know: the apartment has one bathroom serving three bedrooms, which may matter for families or sharers. The wider area is inner-city and classed as deprived with average crime figures—buyers should factor local context and transport links into their decision. Completion timeline, off-street parking availability and the 10-year warranty are clear positives for buyers seeking lower short-term risk.
This penthouse suits buyers looking for park-adjacent, high-spec new build living with strong connectivity to Zone 2 London. It will particularly appeal to buyers wanting modern finishes, outside private space and structured developer incentives, while those requiring multiple bathrooms or a quieter suburban setting should consider whether this urban location fits their needs.
