Long lease, close to Charlton station — ideal for first-time buyers or investors.
Third-floor apartment with lift and private balcony
A bright third-floor one-bedroom apartment in a modern 2019 development, offered chain free with a very long lease. The open-plan kitchen/reception opens via full-height glazed doors onto a private balcony, giving welcome outdoor space and plenty of natural light. The double bedroom is a good size and there is a practical utility/storage cupboard off the hallway.
Practical benefits include lift access, residents’ parking, bicycle storage, and fast broadband/mobile connectivity. The flat sits just minutes from Charlton station with regular services into central London, and local shops, gyms and cafés nearby — a convenient base for commuting or renting out.
Costs and local context are important to note. Annual service charges are around £2,473 with ground rent £468 per year and the building uses a community heating scheme. The immediate area records very high crime levels and has pockets of deprivation, which may affect desirability for some buyers.
Overall this is a sensible purchase for a first-time buyer seeking a low-maintenance, well-located flat, or for an investor wanting a straightforward rental proposition. The exceptionally long 993-year lease removes common lease-length worries, but budget for ongoing service charges and consider the neighbourhood profile when deciding.