Shared ownership option for a central first home with excellent transport links.
Zone 1 location; six-minute walk to Vauxhall transport hub
This one-bedroom, new-build apartment in One Nine Elms offers an affordable route into Zone 1 via shared ownership. Set within a landmark tower, the flat benefits from floor-to-ceiling windows, integrated Bosch appliances and a generous lease (990 years), making it a straightforward, low-maintenance city home for a first-time buyer.
The building provides practical on-site amenities including security, parcel collection and a business lounge; some units include winter gardens and river views. Transport is excellent — Vauxhall underground, rail and bus connections are about a six-minute walk, giving fast links across central London for work and leisure.
Be clear about the costs and constraints: this is a shared ownership sale (example: 25% share priced at £167,500) with an above-average annual service charge (£4,404) and ongoing SO Resi payments for unsold equity. The wider neighbourhood is a major regeneration area with plenty of amenities but is classified as deprived; nearby schools vary in Ofsted ratings.
For a buyer seeking an accessible entry into central London living, this apartment combines new-build specification and long lease security. If you prefer full freehold ownership or lower ongoing charges, check whether staircasing and total cost-to-buy meet your long-term plans.
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