Summary - Mercy Terrace, London, SE13 SE13 7UX
2 bed 2 bath Apartment
Contemporary two-bedroom new build with balcony near Ladywell Station.
Two bedrooms and two bathrooms in an open-plan first-floor layout
Private balcony overlooking urban terrace; useful outdoor space
Compact footprint ~569 sq ft — efficient but limited space
New-build with 998-year lease — low long-term lease risk
Main heating: electric storage heaters — potentially higher running costs
Service charge approx. £1,500 pa for communal maintenance
Excellent transport: moments from Ladywell Station, fast central links
Medium flood risk — obtain specialist advice and insurance quotes
This first-floor two-bedroom new-build apartment offers efficient, contemporary living in SE13, ideal for first-time buyers or buy-to-let investors seeking low-maintenance accommodation close to good transport links. The open-plan living space with recessed kitchen and private balcony creates a bright, usable hub for daily life and entertaining. At approximately 569 sq ft the apartment is compact but well planned, with two bathrooms and practical storage.
The property benefits from a long lease (998 years) and modern construction standards, which should reduce immediate maintenance concerns. Utility-wise the home uses electric storage heaters and electricity as the main fuel source; running costs may be higher than gas-heated alternatives depending on tariffs. A service charge of about £1,500 pa contributes to communal maintenance and upkeep.
Location is a strong selling point: moments from Ladywell Station with fast commuting into central London, and surrounded by cafes, shops and green spaces. Local schools include several rated Good or Outstanding, supporting family suitability. Note the site is listed with a medium flood risk—buyers should obtain site-specific advice and insurance quotes.
Overall this is a modern, low-upkeep apartment offering convenient transport links and contemporary finishes. Its compact size, electric heating and service charge are material considerations; for buyers prioritising location and new-build ease, it represents a practical, well-connected option.
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