Exceptional terrace and concierge living for investors or lifestyle buyers.
West-facing two-bedroom apartment with river and garden views
Over 800 sq ft internal space plus huge 400 sq ft private terrace
24-hour concierge and on-site riverside bars, restaurants, shops
Chain free sale with very long lease (c. 973 years)
Optional tenancy producing approx. £37,180 pa for investors
Service charge high: £4,735 per year; council tax described as expensive
Heating is electric room heaters — higher running costs likely
Local area records higher-than-average crime levels
This west-facing two-bedroom apartment in Flagstaff House offers over 800 sq ft of internal space plus a substantial 400 sq ft private terrace overlooking the river and landscaped gardens. The layout is traditional and well-proportioned: bright open reception/dining room, fitted kitchen with integrated appliances, two double bedrooms and two bathrooms including an en-suite to the principal bedroom. The enormous terrace is a rare city riverside feature, ideal for entertaining or private outdoor living.
The building provides 24-hour concierge and immediate access to riverside bars, restaurants and local amenities, with excellent transport links including Vauxhall Station. The flat is chain free and comes with a very long lease (c. 973 years), making ownership straightforward and tenure secure. The sale can include an existing tenancy returning about £37,180 per year if required, which may suit buy-to-let purchasers.
Notable costs and constraints are material: the service charge is above average at £4,735 per year and council tax is described as expensive. Heating is electric via room heaters rather than gas central heating, which may increase running costs. The area records higher crime levels than average; buyers should factor local crime statistics into their decision-making.
Overall, this property will appeal to investors and professionals seeking a spacious riverside apartment with exceptional outdoor space, or to owner-occupiers who prioritise terrace living and convenience over lower running costs. The long lease and chain-free status are practical benefits; buyers wanting lower service or heating costs should budget for these ongoing expenses.