Summary - 49 FLAT 5 KELLY AVENUE LONDON SE15 5LB
1 bed 1 bath Flat
Newly renovated one-bedroom penthouse, move-in ready, close to Peckham Rye Station.
- Newly renovated one-bedroom penthouse, 475 sq ft
- Open-plan reception/kitchen with skylights and solid wood worktops
- Sale includes furniture — move-in ready
- Approximately 101 years remaining on the lease
- Service charge £1,500 pa; council tax Band B (cheap)
- Ground rent £625 pa — higher than typical, factor into costs
- 12-minute walk to Peckham Rye Station (Zone 2, Overground)
- Area classed as very deprived; check local market conditions
This recently and stylishly renovated one-bedroom penthouse flat offers a bright, contemporary living space in central Peckham. The open-plan reception and kitchen benefit from skylights and solid-wood worktops, creating an airy, modern feel across 475 sq ft. The sale includes the furniture, making it move-in ready for a first home or a buy-to-let opportunity.
Practical details are straightforward: a long lease of approximately 101 years, an annual service charge of £1,500 and council tax in Band B. Note the ground rent is £625 per year, which is higher than typical and should be factored into running costs. The flat sits on the fourth floor (a penthouse position) with a gated communal entrance and bike storage — please check access arrangements (lift or stairs) when viewing.
Location is a strong driver: around a 12-minute walk to Peckham Rye station (Zone 2, London Overground) and positioned between Peckham and Camberwell for cafés, restaurants, galleries and parks. Broadband speeds and mobile signal are excellent, supporting home working. The wider area is classed as very deprived, and local demographics are predominantly established renting families, so consider local market dynamics for resale or rental prospects.
Overall, this is a compact, turnkey flat with contemporary fittings and good transport links that suits a first-time buyer wanting a ready-made home near Peckham’s amenities, or an investor seeking a well-presented lettable property. Be aware of the annual ground rent level and service charges when calculating affordability or yield.
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