Affordable, commuter-friendly studio with long lease and refurbishment potential.
Bright 312 sq ft open-plan studio with fitted kitchen
A compact, well-located studio in New Cross offering an affordable entry into London at £200,000. The open-plan 312 sq ft layout is bright and modern-feeling, with a fitted kitchen area, shower room and communal entrance in a low-rise brick development built around 1996–2002. Transport links are a strong selling point — New Cross Gate and New Cross Overground stations are within walking distance, and local shops, cafes and Goldsmiths University are nearby.
Practical benefits include a very long lease (947 years), low flood risk and a relatively low council tax band. The building has double glazing installed before 2002 and off-street communal parking; broadband and mobile signal are adequate to excellent for daily use.
Notable drawbacks are material and relevant for buyers: the property appears to lack a central heating system (electric heaters assumed), and the timber-frame construction with older double glazing may need upgrades for better energy efficiency. Service charge is £1,320 per year and the area shows higher levels of deprivation and average crime, which could affect resale or rental yield expectations.
This apartment suits a first-time buyer or buy-to-let investor seeking a compact, commuter-friendly base with clear scope for modest refurbishment to increase comfort and future value. Internal viewing is recommended to assess space, heating options and any improvement costs firsthand.
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