Summary - 171, Olney Road, LONDON SE17 3HT
2 bed 1 bath Apartment
Chain-free third-floor apartment with balcony, near Kennington Park and transport.
- Two genuine double bedrooms
- Private balcony with third-floor outlook
- Chain free; ready for immediate completion
- Leasehold ~101 years; service charge ~£2,200pa
- Nominal ground rent (£10) and possible admin fees
- Built 1930s–40s with solid brick walls, potential insulation work
- Good transport links; Kennington Park 0.2 miles
- Local area classed very deprived; check investment outlook
This third-floor two-double-bedroom apartment sits in a low-rise red-brick block on Olney Road, a short walk from Kennington Park and local shops, bars and restaurants. Offered chain-free, it includes a private balcony, a generous living room, separate kitchen/breakfast space and good built-in storage — an appealing ready-to-move option for first-time buyers or buy-to-let investors.
Practical details are straightforward: the flat is leasehold with around 101 years remaining, a service charge of approximately £2,200pa and a nominal ground rent. The building dates from the 1930s–40s with solid brick walls and double glazing (install date unknown), so there is potential to improve thermal performance and reduce running costs with targeted works.
Transport links are strong, with Kennington (Northern Line) and frequent buses nearby, and excellent mobile and broadband coverage. The area is described as inner-city cosmopolitan with low crime and many schools close by — good for families. Note the local area is classified as very deprived, which may affect future capital-growth prospects compared with more affluent neighbourhoods.
Buyers should allow for standard leasehold costs and confirm service arrangements and any additional fees (lease packs, surveys). Services and appliances have not been tested; a survey is recommended if you require certainty on wiring, plumbing or structural matters prior to offer.
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