Well-located starter or buy-to-let with balcony and quick city links.
First-floor one-bedroom with private balcony and bright reception
Separate fitted kitchen with ample storage space
Approx. 500 sq ft (46.5 sqm) — average one-bed size
Lease c.104 years remaining — straightforward for mortgages
Service charge c.£1,500 pa; ground rent £10 pa
Double glazing and gas central heating (boiler and radiators)
Close to Peckham Rye, Rye Lane and Queens Road transport links
Area flagged as deprived; crime level described as average
Set on the first floor of a purpose-built block, this one-bedroom apartment offers a bright reception room with direct access to a private balcony and a separate fitted kitchen with good storage. The apartment measures around 500 sq ft, with double glazing and gas central heating via boiler and radiators. The layout is traditional and practical, suitable for single occupants or a couple.
The lease has about 104 years remaining, making it straightforward for mortgage or purchase planning. Annual running costs include an average service charge of £1,500 and a low ground rent of £10. Council tax is described as cheap. The building dates from the 1950–66 era and benefits from external wall insulation and maintained communal grounds.
Location is a key strength: peaceful residential Stanbury Road sits within easy reach of Rye Lane, Peckham Rye Park, and good transport links via Queens Road and Peckham Rye stations for central London connections. Local amenities include shops, cafés and leisure facilities in a lively inner-city neighbourhood popular with established tech workers and cosmopolitan residents.
Buyers should note some material points: the area is flagged as deprived overall and crime is average, which may concern some purchasers. The flat is average-sized for a one-bedroom and offers modest communal outdoor space. While well-presented, there is scope to modernise interiors to increase value for resale or letting. This property will particularly suit first-time buyers seeking a well-located starter home or investors aiming for a city-let with reliable transport links.
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