Summary - First Floor Flat, 1 Pepys Road SE14 5SA
2 bed 1 bath Apartment
Chain-free flat with long lease close to New Cross Gate and local amenities.
Chain free with brand-new 125-year lease
605 sq ft — compact two-bedroom first-floor conversion
Character features: high ceilings, sash windows, bay frontage
Short walk to New Cross Gate station and local shops
Solid brick walls; likely no wall insulation, consider upgrades
Single bathroom; may limit family accommodation
Ground rent £250 pa; council tax described as affordable
Good broadband and mobile coverage; excellent transport links
Set within the Telegraph Hill Conservation Area, this first-floor conversion occupies 605 sq ft of a Victorian terrace and is offered chain free with a brand-new 125-year lease. High ceilings, sash-style windows and bay frontage give strong period character and good natural light to the principal rooms. The property includes two bedrooms, a separate lounge, kitchen and one bathroom — a compact, practical layout suited to city living.
Transport and local amenities are a notable strength: New Cross Gate station is a short walk away for fast links into the city, and nearby shops, cafés and a Sainsbury’s put everyday needs within easy reach. Broadband and mobile reception are strong, and several well-regarded primary and secondary schools are close by, making this convenient for buyers who value connectivity and local services.
The flat presents clear scope to add value through sympathetic updating. Heating is gas-fed via boiler and radiators; the building is solid brick and likely lacks built-in wall insulation, so energy-efficiency improvements could reduce bills and enhance comfort. Ground rent is modest at £250, council tax described as affordable, and the long new lease removes a common financing obstacle.
Buyers should note the property is relatively small and has a single bathroom, which may limit suitability for some families. The accommodation is described as a conversion within a larger Victorian house, so layout and communal access differ from a purpose-built block. Overall, this is a pragmatic choice for a first-time buyer or investor seeking a characterful home with immediate rental or owner-occupier potential and clear options for value-enhancing refurbishment.
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