SE15 4TP - 1 bed bright third floor apartment in 191 Rye Lane, SE15 4TP

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1 bedroom apartment for sale in 243 Rye Lane, Peckham, SE15

Summary - Rye Lane, SE15 SE15 4TP

1 bed 1 bath Apartment

Modern one-bedroom with balcony and roof terrace, close to multiple stations..
Third-floor one-bedroom apartment, approx 549 sq ft
South-facing private balcony, communal roof terrace access
Large double bedroom, roomy three-piece bathroom
Generous storage room off entrance hall
Excellent transport: Peckham Rye 0.3 miles, Queens Road 0.6 miles
Leasehold: 117 years remaining
Service charge approx £2,500 pa; ground rent c. £175 pa
Local area: inner-city cosmopolitan; crime levels higher than average
A bright, well-presented one-bedroom apartment on the third floor, offering around 549 sq ft of open-plan living. The south-facing private balcony and communal roof terrace deliver useful outdoor space for city living, while large windows bring generous natural light into the living and dining area.

Practical features include a generous double bedroom, large three-piece bathroom, separate storage room and modern double glazing. The property sits close to Peckham Rye and Queens Road stations (around 0.3–0.6 miles), placing transport links and local amenities within easy walking distance.

Important practical notes: the flat is leasehold with 117 years remaining, an annual service charge of approximately £2,500 and ground rent around £175 per year. The surrounding area is classified as inner-city cosmopolitan with higher crime and local deprivation, which may concern some buyers despite excellent mobile and broadband connectivity.

This apartment will suit a first-time buyer or investor seeking a modern, low-maintenance home in a lively Peckham location. It is largely move-in ready but buyers should factor the ongoing service charge and local area considerations into their decision.

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