Chain-free riverside one-bed with balcony and concierge — needs updating and has a short lease..
One-bedroom apartment, approx. 568 sq ft with private balcony
Seventh floor with lift and 24-hour porter/concierge
Requires updating — renovation opportunity throughout
Leasehold with approximately 79 years remaining — lenders may refuse
Chain-free sale for a quicker completion
Electric room heaters; no central gas heating
Excellent transport links: Vauxhall station and Thames Clipper nearby
High local crime rate flagged — consider security and insurance costs
Set on the seventh floor of a prominent riverside development, this one-bedroom apartment offers 568 sq ft of open-plan living with private balcony and 24-hour concierge. The flat sits in a highly connected location beside Vauxhall station and the Thames, with on-site shops, gyms and restaurants within easy reach. It is chain-free, presenting a straightforward purchase for a buyer able to proceed quickly.
The apartment requires full updating and currently uses electric room heaters; the accommodation presents clear scope for renovation and value uplift for a buyer prepared to invest. Important practical note: the lease has approximately 79 years remaining. This is likely to restrict mortgage lending options — many lenders may refuse to lend unless the lease is extended.
This property is best suited to a cash buyer or investor comfortable with a refurbishment project who can either extend the lease or buy without mortgage finance. The location and concierge-led development offer strong rental appeal and excellent transport links, but the short lease and need for works are material factors to weigh before viewing.