Affordable Kennington one-bedroom fixer with strong transport links and value potential.
Fourth-floor one-bedroom flat, approximately 490 sq ft
Requires full renovation; damp and dated finishes reported
New 125-year lease; ground rent nil
Service charge £1,878 pa; Council Tax Band B (low)
Good transport: Oval, Kennington, Vauxhall within walking distance
EPC rating D; solid-brick construction with limited insulation
Parking by Lambeth/Hyde permit (first come, first served)
Mains gas, boiler and radiators; ultrafast broadband available
This fourth-floor one-bedroom flat in Sherwin House offers an affordable entry into Kennington with substantial renovation potential. At approximately 490 sq ft and a 125-year lease, the layout is practical: a good-sized reception, a generous double bedroom, separate bathroom and WC, and a kitchen with room for modernisation. Excellent transport links (Oval, Kennington, Vauxhall) make it a convenient central London base for work and leisure.
The property will suit a buyer prepared to undertake a full refurbishment to unlock value. The flat currently needs work throughout—cosmetic overhaul, likely damp repairs in places and updated services where required. EPC D indicates improvement potential; buyers should budget for renovation costs and an expected upgrade to heating and insulation given the building’s solid-brick, pre-war construction.
Running costs are straightforward: a new 125-year lease is in place, ground rent nil, annual service charge £1,878 and a low Council Tax Band B. Parking is available via local permits on a first-come, first-served basis. Broadband and mobile signals are strong and mains utilities are connected.
This is a realistic project for a first-time buyer or investor who wants to add value in a well-connected, inner-city location. Be clear-eyed about the renovation work required; with careful spending and design, the flat can become a comfortable central London home or a lettable investment in a popular area.