Summary - Thurston Road, London, SE13 SE13 7GT
1 bed 1 bath Flat
Affordable entry-level ownership close to fast central London links.
- 30% shared-ownership available from £102,000
- One double bedroom with modern integrated kitchen
- Private balcony; no private garden or outdoor space
- Service charge approximately £2,575 per year
- Lease remaining c.114 years (long lease)
- Facing elevated railway/viaduct; urban outlook and noise risk
- Medium flooding risk; consider insurance implications
- Local crime levels above average
A compact, modern one-bedroom apartment on the fifth floor, offered through shared ownership at a 30% share from £102,000. The open-plan living space has an integrated kitchen, wood flooring and a private balcony that delivers urban outlooks and natural light. It’s a practical first-step home for buyers seeking affordable entry to Lewisham with fast rail links into central London (around 15 minutes to major stations).
Practical running costs include an annual service charge of about £2,575 and an estimated rent on the unowned share (approx. £507 pcm). The lease has c.114 years remaining, giving long-term security for shared-ownership purchasers. The building is modern (post-2007), with double glazing and gas central heating via boiler and radiators.
Location strengths are strong: excellent mobile signal, fast broadband, nearby shops, gyms, parks (Greenwich Park, Hilly Fields) and a good mix of schools. Note the flat fronts an elevated railway/viaduct and has limited private outdoor amenity — the balcony is the only private outside space. There is medium flood risk and above-average local crime levels, both factors to consider when comparing insurance and security needs.
This property suits a budget-conscious first-time buyer or buy-to-let investor seeking entry-level ownership in a well-connected area. It requires minimal immediate work cosmetically, but shared-ownership tenure and ongoing service charges should be weighed into affordability calculations.
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