Summary - Flat 93 Lowry Court, 5, Stubbs Drive SE16 3ED
2 bed 1 bath Flat
Chain-free two-bed with parking and long lease — ideal first purchase or rental project.
Chain-free two-bedroom flat, approx 546 sq ft
Long lease: 954 years remaining
Off-street parking included
Service charge approx £1,980 per year
Kitchen dated; modernisation recommended
Electric storage heating; electricity-fuelled systems
Double glazing (install date unknown)
Area: inner-city, above-average crime, deprived locality
Set on a popular modern development in South Bermondsey, this chain-free two-bedroom flat is a practical, affordable entry into London homeownership. At about 546 sq ft the layout suits a first home or buy-to-let investment, with built-in wardrobes, double glazing and off-street parking adding everyday convenience.
The flat is heated by electric storage heaters and runs on an electricity supply (not a communal system). The kitchen shows 1980s styling and would benefit from updating to unlock the property’s full potential; the bathroom is serviceable. The long lease (954 years) is a strong legal plus for buyers who want security.
Practical running costs include an average service charge of £1,980 and affordable council tax. Transport links are close by and mobile/broadband connectivity is excellent, making the flat suitable for commuters and those working from home. Local schools include several highly rated primaries and secondaries within reach.
Be frank about the area: the wider neighbourhood is an inner-city, multicultural and largely student-populated zone with above-average crime statistics and higher local deprivation indicators. That context keeps prices accessible but may influence buyer choice. Overall, this is a straightforward, chain-free first purchase with clear scope for cosmetic improvement and rental potential.
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