Ready-to-move inner-city flat with excellent transport links and rental appeal.
Generous 671 sq ft one-bedroom with open-plan living and utility room
Modern fitted kitchen, wooden floors and fitted bedroom storage
Secure Victorian building, 240 years remaining on lease
Excellent transport links: Southwark, Waterloo and London Bridge nearby
Service charge c.£3,800pa; ground rent £500pa — budget accordingly
Above-average council tax; community heating rather than individual boilers
Very high local crime rates; inner-city location may concern some buyers
Very low flood risk; fast broadband and excellent mobile signal
This large one-bedroom apartment sits in a secure Victorian development moments from Southwark station, positioned between London Bridge and Waterloo. The open-plan living area features a modern fitted kitchen, wooden floors and a practical separate utility room — a straightforward, comfortable city base for a first-time buyer or professional couple. At 671 sq ft the layout feels generous for central London and includes fitted bedroom storage and a family bathroom.
Practical details are clear: the property is leasehold with c.240 years remaining, serviced by a community heating scheme, and benefits from fast broadband and excellent mobile signal. The central location puts theatres, Tate Modern and Borough Market within easy reach, alongside plentiful cafes, shops and transport links.
Buyers should note material running costs and local context. Service charges average £3,800pa with a ground rent of £500pa and above-average council tax. The immediate area records very high crime and qualifies as deprived on local indices, which may affect suitability for some buyers and rental prospects in parts. Flooding risk is very low.
This apartment suits someone prioritising location, size and a ready-to-live-in layout over a quiet suburban setting. It offers solid central-London convenience and scope to add value through cosmetic updates, while ongoing charges and local crime statistics should be factored into affordability and security plans.
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