Second-floor flat with gated parking and excellent transport links.
Allocated parking space in gated development
About 480 sqft — practical one-bedroom layout
990-year lease; no ground rent
Service charge approximately £1,455.60 per year
Energy Efficiency Rating C; double-glazed windows
0.4 miles to three nearby train stations
Area shows higher crime and local deprivation
Council Tax Band B — relatively low ongoing tax
Bright, well-proportioned one-bedroom flat on the second floor of a modern gated development in Peckham Rye. The living room opens to a Juliette balcony, and the layout provides a clear separate living and dining area alongside a double bedroom and neutral three-piece bathroom. At about 480 sqft the apartment suits a first-time buyer seeking a manageable home or an investor targeting reliable rental demand near transport links.
Practical benefits include an allocated parking space in the gated courtyard, a very long lease (990 years), double glazing, mains gas central heating and an Energy Efficiency Rating of C. The block was built in the early 2000s and appears well maintained; service charge runs at £1,455.60 per year and there is no ground rent.
Location is a major draw: roughly 0.4 miles to Peckham Rye, Nunhead and Queen’s Road stations, with supermarkets and local shops close by. Nearby schools include several Good-rated primaries and an Outstanding secondary, making the area appealing for small families or sharers.
Buyers should note the wider area records higher crime and local deprivation indicators, which may affect perceptions and insurance premiums. The flat is average-sized and will suit those who prioritise location and transport over expansive living space. Overall this is a practical, low-maintenance property with clear rental and entry-level ownership potential.
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