Summary - Flat 38 Falconwood Court, 24, Montpelier Row, LONDON SE3 0RS
1 bed 1 bath Flat
Chain-free, long-lease investment close to the heath and local amenities.
Chain-free sale with 993 years remaining on lease
Large studio room approximately 20' x 19' offering generous open space
Service charge £4,288.60 p.a. includes heating and hot water
Communal gardens provide outside space; no private balcony
Estimated rental income £1,300–£1,400 pcm after modernisation
Damp present in living area; property needs updating
Slow broadband speeds; excellent mobile signal
Local crime levels reported as high — check suitability
Set in the heart of Blackheath Village, this second-floor studio offers a bright, nearly 20' square main room and a generous bathroom and kitchen area. The long lease (993 years remaining) and chain-free sale simplify purchase, while communal gardens provide pleasant outdoor space without private upkeep.
The block includes a communal heating and hot-water system (included in the annual service charge), which suits buyers who prefer simplified bills but limits independent heating control. The service charge is above average at £4,288.60 per year and should be factored into running costs; council tax band is low.
The flat is ideal for a first-time buyer seeking a compact, well-located home or an investor targeting rental income (estimated at circa £1,300–£1,400 PCM once modernised). The interior needs modernisation in places (damp noted in the living area and dated finishes), which creates potential to add value but will require investment.
Practical drawbacks are clear: higher-than-average service charges, slow broadband, and a local area recorded as higher crime levels — factors that may affect resale or rental desirability. For buyers prioritising location and long lease security, this property is a straightforward, workable opportunity with scope for improvement.
Studio flat for sale in Liskeard Gardens, London, SE3 — £230,000 • 1 bed • 1 bath • 426 ft²
Studio apartment for sale in Falconwood Court, 24 Montpelier Vale, Blackheath, London, SE3 — £300,000 • 1 bed • 1 bath • 388 ft²
Studio apartment for sale in Belgrave Court, 152 Shooters Hill Road, Blackheath, London, SE3 — £210,000 • 1 bed • 1 bath • 328 ft²
Studio flat for sale in Montpelier Row, Blackheath, London, SE3 — £305,000 • 1 bed • 1 bath • 390 ft²
Studio flat for sale in Celestial Gardens, London, SE13 — £185,000 • 1 bed • 1 bath • 312 ft²
1 bedroom apartment for sale in Blackheath Park, Blackheath, London, SE3 — £325,000 • 1 bed • 1 bath • 344 ft²
