Summary - 206b Herbert Road SE18 3QD
1 bed 1 bath Apartment
Chain-free flat with long lease and excellent transport links.
- Chain-free sale with new 125-year lease on completion
- 13ft reception and 12ft bedroom; compact 550 sq ft layout
- EPC rating C and gas central heating, double glazing
- Service charge £165.92pcm (approx £1,991 per year)
- Solid brick walls; likely no cavity insulation, upgrade advised
- Area classed as deprived with very high local crime rates
- Excellent transport: DLR, Elizabeth Line and mainline nearby
- Suitable for first-time buyers or investors; some cosmetic work needed
A compact, chain-free one-bedroom ground-floor conversion with a brand-new 125-year lease — ideal for a first-time buyer or buy-to-let investor seeking immediate occupation or rental income. The flat offers a 13ft reception, 12ft bedroom, fitted kitchen and a three-piece bathroom, all in a traditional Victorian terrace with double-glazed sash windows and gas central heating. Its EPC C rating and council tax Band B keep running costs reasonable.
The location is a major selling point: convenient for local shops, bus routes, Woolwich Common, and excellent transport links including mainline stations, the DLR and the Elizabeth Line. The property is presented as a mostly blank canvas internally, suitable for light cosmetic updates to suit personal taste or to increase rental appeal.
Buyers should be aware of material negatives: the area records very high crime and is classified as deprived, which may affect resale or rental yields. The building is solid brick with assumed no wall insulation, so upgrading thermal performance could be needed. Service charge is £165.92pcm (circa £1,991pa) and the tenure is leasehold — although the lease is newly issued on completion and ground rent is peppercorn.
Overall this is a pragmatic purchase for someone prioritising transport links, a low-entry price and long lease security, and who is comfortable with an inner-city neighbourhood that may require vigilance and modest investment to improve comfort and efficiency.
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