Modern 2-bed shared-ownership apartment with low initial buy-in in Peckham.
25% shared-ownership option; full price £560,000
Contemporary finishes: Amtico floors, Zanussi kitchen appliances
Two bedrooms, two bathrooms, open-plan living (approx 755 sqft)
Service charge £191 pcm (below average); EPC B
Car-free development; secure cycle store and communal picnic area
Triple glazing, audio-visual intercom, off-street delivery access
High local crime rate and very deprived area — consider safety/resale
Leasehold tenure; confirm lease length, ground rent and staircasing rules
This 2-bedroom, 2-bath apartment is offered as a shared-ownership leasehold in the So Resi Peckham development on Old Kent Road. The build is marketed as new with contemporary finishes — Amtico flooring to living areas and Zanussi appliances in the kitchen — and practical touches such as triple glazing, audio-visual intercom and secure cycle storage. Many apartments in the scheme are dual-aspect and some include balconies or terraces for private outdoor space.
The purchase structure suits buyers seeking a lower upfront cost: a 25% share price of £140,000 is shown (full price £560,000) with indicative rent and mortgage figures provided. Service charge is £191 pcm (below average), and the property has an EPC B. The development is car-free with off-street arrangements for deliveries and a communal area with picnic tables and a pergola.
Be aware of material factors: tenure is leasehold and this listing is a shared-ownership product, which limits outright ownership and may include eligibility and staircasng rules. The wider area data shows high crime levels and very high deprivation locally — factors that can affect safety perceptions, insurance and resale timing. Some dataset entries conflict (described as new build but also “constructed before 1900” and “solid brick, no insulation assumed”); buyers should request the lease, building specification, and construction/insulation confirmation.
This home will appeal to first-time buyers seeking lower-cost entry in Peckham, buyers wanting contemporary finishes and good transport/broadband, and investors comfortable with shared-ownership mechanics. Before viewing, ask for exact floorplan, which units include balconies, the lease length, ground rent details, and management arrangements for communal areas.
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