Chain-free two-bed with private patio and gated parking — lease length may affect mortgage availability.
Chain-free ground-floor apartment with private patio
Chain-free ground-floor apartment with private patio and gated parking, offered as a practical step onto the property ladder. The apartment includes a separate fitted kitchen, a bright living room with large windows, two bedrooms and an en suite to the principal bedroom. Shared gardens and maintained communal areas give a sense of outdoor space despite the inner-city setting.
Important practical details: the flat is Share of Freehold but has only c.75 years remaining on the lease — many mortgage lenders may refuse to lend until the lease is extended. Service charges are approximately £2,918 per year and there is a small ground rent of £150 per year. Heating is electric storage heaters, which can mean higher running costs compared with gas heating.
Located in a well-connected part of SE18, the property sits near good local schools (including an outstanding secondary) and frequent bus links, with fast broadband and excellent mobile signal. The wider area scores as inner-city and deprived with higher-than-average crime levels; buyers should weigh local amenity and transport convenience against these community factors.
This home will suit first-time buyers or downsizers wanting low-maintenance modern accommodation and private outdoor space, and investors aware of lease-length and lending implications. Buyers planning to mortgage should obtain lender confirmation about acceptability of the lease length or factor in lease-extension costs into their budget.