Ideal first home with balcony, concierge and quick trains into central London.
3 bedroom third-floor apartment with long balcony and new-build finish|25% shared ownership available from £163,750; low deposit option|Open-plan living area, 1,061 ft² internal space, concierge on site|Direct rail links — ~16 mins to London Bridge, Zone 3 station nearby|High service charge: £6,324 per year (above average)|Very slow broadband speeds reported in the area|Leasehold shared ownership; minimum income guidelines apply|Only one bathroom for three bedrooms; area shows local deprivation
This third-floor, three-bedroom shared ownership apartment in Kidbrooke Village offers a modern open-plan layout, a long balcony and ready-to-move-in new-build finish. At 98.6 m² (1,061 ft²) the flat feels roomy for a city property and benefits from a concierge, on-site shops and immediate access to 86 acres of parkland — convenient for families and first-time buyers who value green space.
Practical benefits include Zone 3 stations on your doorstep with around 16 minutes to London Bridge and direct services to Waterloo East. The purchase is a 25% share priced at £163,750 with a low-deposit route (from £16,375) and an indicated minimum household income requirement; the development also offers incentives and resident perks such as a free 3-year Zipcar membership.
Material drawbacks are stated plainly: the sale is leasehold shared ownership, the annual service charge is high at £6,324, and broadband speeds in the area are reported as very slow. There is only one bathroom for three bedrooms, and the wider area records local deprivation despite generally average crime levels.
This property suits buyers seeking an affordable route into a modern riverside-style development with excellent transport links and communal amenities. Be aware of ongoing costs, broadband limitations and the responsibilities that come with shared ownership and a higher-than-average service charge.