Compact new-build flat with concierge and roof gardens — long lease, close to transport and shops..
- Modern one-bedroom new-build, 454 sq ft
- Fully integrated kitchen with under-unit lighting
- Concierge and landscaped communal roof gardens
- Long lease: 987 years
- Ground rent approx. £350 (average)
- Community heating: possible service charges/variable costs
- Medium flood risk at location
- Local area: very high crime and classed as deprived
A bright one-bedroom apartment in a modern new-build on Molesworth Street, offering streamlined living for a first-time buyer wanting quick access to central London. The flat has a fully integrated kitchen with under-cabinet lighting, a generously sized bedroom and access to landscaped communal roof gardens — practical comforts in a compact 454 sq ft home.
Building facilities include a concierge and contemporary entrance foyer, adding security and convenience. Riverdale sits next to Lewisham shopping centre and major transport links, making commutes and weekly shopping straightforward. The flat benefits from a long lease (987 years) which gives buying security and future resale clarity.
Buyers should note material considerations: the property is leasehold with a ground rent of £350 (average) and heated via a community scheme, which can mean service charges or running-cost variability. The area records very high crime levels and is classified as deprived; these local factors may affect suitability and insurance or security choices. There is a medium flood risk for the location to be considered.
Overall this apartment suits a pragmatic first-time buyer or investor seeking a low-maintenance, well-specified city base with strong transport and retail links. The long lease and modern specification are strengths, balanced by local-area challenges and communal running costs that should be reviewed before purchase.
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