Two-bedroom third-floor flat near Woolwich transport — affordable, needs modernising..
- Two double bedrooms with balcony and 15' lounge/diner
- Third-floor flat in 1967–75 system-built block
- Residents' off-street parking included
- Leasehold with 101 years remaining
- Service charge about £1,752 per year; ground rent £10
- Requires cosmetic modernisation; limited wall insulation assumed
- Slow broadband in the area; excellent mobile signal
- Local crime above average; area classed very deprived
A well-priced two-bedroom third-floor flat offering practical living space and good transport links on the SE18/SE3 border. The layout includes a 15' lounge/diner, fitted kitchen, two double bedrooms, balcony, bathroom plus separate WC and residents' off-street parking — useful features for everyday life or rental occupancy.
This property will suit a first-time buyer or investor willing to modernise. The building dates from the late 1960s/early 1970s and is system-built with assumed limited wall insulation; the flat is double-glazed but the install date is unknown. Expect standard maintenance and likely cosmetic/updating work to bring the interior up to modern standards.
Practical considerations: the lease has 101 years remaining, the service charge is approximately £1,752 pa and ground rent nominal at £10 (unknown review terms). Broadband speeds are slow in the area and local crime levels are above average; factor these into living or letting plans. Public transport is a strong positive — Woolwich and local rail/DLR/Elizabeth Line connections make commuting quick to central London and Canary Wharf.
Overall this is an affordable entry to SE London with clear upside for buyers who can invest in upgrading the flat. Check mortgage lender criteria for this property type and budget for refurbishment and ongoing service charges when assessing affordability.