Affordable two-bedroom SE1 flat with balcony, lift access and long lease — ideal for first-time buyers or investors.
Two double bedrooms with separate living room and private balcony
Quiet, practical and well-sited, this two-bedroom apartment in SE1 offers affordable city living with clear potential. Set in a mid-20th-century ex-local authority block, the flat provides sensible living space, a separate kitchen, and a private balcony — useful extras for first-time buyers or buy-to-let investors seeking straightforward accommodation close to central London amenities.
The building is served by a lift and has maintained communal areas and secure entry. The 104-year lease and low council tax make ownership costs predictable. The flat is average-sized (667 sqft) with double glazing and central heating via mains gas boiler and radiators; it will suit buyers who want a ready-to-move-into home that can be personalised over time.
Be clear about the material downsides: the area records higher crime and local deprivation compared with other SE1 pockets, and the block is a 1950s–60s system-built construction likely lacking wall insulation. On-street parking is by permit only. These factors lower purchase premiums but also mean buyers should budget for cosmetic updates and potentially improved energy performance works.
Overall this property represents a pragmatic London purchase: affordable entry, decent lease length and commuter-friendly location, balanced by neighbourhood challenges and some retrofit needs. It will appeal most to first-time buyers seeking value or investors targeting steady rental demand in an inner-city setting.
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