Parkside new-build one bedroom with 999-year lease and buyer incentives..
Zone 2 location, minutes from Peckham Rye and Nunhead stations
Approx. 540 sq ft one-bedroom open-plan apartment with balcony access
Zero ground rent and 999-year lease — long-term security
10-year building warranty included; brand-new construction (2025 completion)
Developer incentives: 5% deposit boost and Own New mortgage rate reducer
Off-street parking available; excellent mobile signal and fast broadband
Limited local challenges: area classed as deprived; crime level average
Completion Dec 2025 — build period and timing risk for buyers
A bright one-bedroom apartment in the new Rye Parkside development, finished to a contemporary specification and positioned moments from Peckham Rye park. At about 540 sq ft, the open-plan layout, integrated kitchen appliances and balcony access offer easy, low-maintenance city living for a first-time buyer or investor seeking a Zone 2 London address.
Practical buying incentives are available: a developer deposit boost (extra 5%), an Own New rate-reducer mortgage scheme, a stamped-duty benefit for eligible buyers and a £1,000 legal-fee allowance when using the recommended solicitor. The home includes a 999-year lease, zero ground rent and a 10-year building warranty, reducing medium-term tenure and service-cost uncertainty.
Completion is estimated for December 2025, so purchasers should allow for a build period and plan moving/tax arrangements accordingly. The apartment has off-street parking and excellent broadband and mobile reception, and benefits from frequent local transport links to central London via Peckham Rye and Nunhead stations.
Buyers should note the wider area scores as deprived and local crime is average; the development's small size (59 units) and park-side position are strengths, but the lack of private garden space may limit appeal to larger families. Only one promotional offer can be applied per purchase.