SE15 1NQ - 1 bedroom apartment for sale in 840 Old Kent Road, London,…

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1 bedroom apartment for sale in 840 Old Kent Road, London, SE151NQ, SE15

Summary - 866, Old Kent Road SE15 1NQ

1 bed 1 bath Apartment

Contemporary shared-ownership one-bed with modern finishes and communal outdoor space.
25% shared ownership option; 25% price £123,125
This one-bedroom apartment in SO Resi Peckham is offered as shared ownership (25% share available), aimed at buyers looking to step on the property ladder in a well-connected, inner-city location. The home is part of a contemporary, car-free development with secure cycle storage, communal picnic areas and modern finishes throughout. Practical touches include triple glazing, Zanussi appliances and Amtico flooring to living areas for low-maintenance living.

The apartment suits a first-time buyer or couple seeking affordable entry into an evolving Peckham neighbourhood. Monthly costs are transparent: a 25% share price is £123,125 with an estimated rent of £615.63 (based on the provided share), service charge currently listed at £159, and typical mortgage examples included. The open-plan layout and communal outdoor space encourage sociable, low-upkeep city living.

Buyers should weigh material drawbacks clearly: this is a leasehold, shared-ownership home in an area with high recorded crime rates and significant local deprivation. The development is car-free which limits resident parking; those needing a car should confirm parking arrangements. The property is new build with modern fittings but, as with any shared ownership scheme, buyers should review lease terms, service charge reviews and any future rent increases before committing.

Overall, this apartment offers an accessible route into ownership with contemporary specification and communal amenities. It will suit buyers prioritising location, affordability and low-maintenance finishes, but those sensitive to area crime statistics or needing private parking should investigate further.

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