Ideal starter home near transport and park with rental potential.
Chain-free one-bedroom, first-floor apartment
This chain-free, one-bedroom apartment sits on the first floor of a mid‑20th century residential block close to Burgess Park and Peckham Rye Station. The open-plan living/kitchen space and large windows create a bright, practical layout suited to a first-time buyer or buy-to-let investor. EPC rating C and a projected rental income of approximately £1,350 pcm add clear value.
Important ownership details: the lease has about 89 years remaining, with a low ground rent of around £10 per year and an annual service charge of £3,535.97. Heating runs via a community mains-gas scheme and windows are double glazed (installation date unknown). The building’s brutalist exterior shows signs of graffiti and communal areas may need ongoing maintenance.
The flat’s location is a major asset — a short walk to Peckham Rye rail and overground services, fast broadband and excellent mobile signal. Families will note several well-regarded local schools within walking distance, while Burgess Park offers green space and leisure options. The neighbourhood is lively and well connected, though the wider area sits within a more deprived classification.
This property suits buyers seeking an entry-level London home or landlords targeting steady rental income. The fairly short lease and relatively high service charge are material factors to consider; there is renovation potential in fixtures and communal upkeep, so budget for possible investment post-purchase.
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