Commuter-friendly city base with secure parking and long lease appeal.
Chain-free one-bedroom flat with long 993-year lease
Set on the second floor of a modern development, this chain-free one-bedroom flat offers practical city living with long-term security. The open-plan living and dining room leads onto a private balcony, and a generous double bedroom sits alongside a contemporary bathroom and handy utility/storage space. At 565 sq ft with a 993-year lease remaining, the apartment is a sensible purchase for a buyer seeking a straightforward, low-risk leasehold holding.
Transport links are a key selling point: local rail and bus services provide fast routes to North Greenwich, the Elizabeth Line and central London, making commutes to London Bridge and The City quick and reliable. On-site benefits include off-street parking, secure entry, bicycle storage and fast broadband — useful for home-working or commuters.
Buyers should note material negatives plainly. The property sits in a very high-crime, deprived area, which will influence resale and renting prospects. Heating is provided by a community scheme rather than an independent boiler, and there are annual costs: service charge approximately £1,600 and ground rent £350. Council tax is low (Band B), which helps running costs.
This flat will suit a first-time buyer wanting an affordable city-base or an investor seeking a long lease and good transport links. Its ready-to-live presentation reduces immediate works, but the surrounding area profile means buyers should weigh local safety and amenity considerations alongside the transport and lease advantages.
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