Compact ground-floor studio — long lease, close to amenities, suited to first-timers or investors..
999-year lease, no ground rent
A compact ground-floor studio tucked into a purpose-built block on Pycroft Way, offered with a long 999-year lease. The layout is simple and efficient: a single reception/sleeping space, a basic kitchenette and a contemporary shower room. The apartment is small (approximately 334 sq ft) and suited to a single occupant, a first-time buyer seeking an entry into London, or a buy-to-let investor targeting lettable, low-maintenance stock.
Highlights include immediate access to local shops, cafes and frequent bus links, plus excellent mobile signal and fast broadband — useful for commuters and renters. The block dates from the 1980s and presents standard communal areas; the flat has laminate flooring and economy finishes throughout. Council tax is low and there is no ground rent; the service charge is modest at around £1,461 per year.
Buyers should note material drawbacks plainly: internal space is limited and the accommodation is basic rather than high-spec, with electric room heaters (higher running costs likely) and no notable external views. The wider area has a high crime rate and is classified as very deprived, which may affect resale and rental demand. Overall, this is a pragmatic, affordable London studio with clear potential for a hands-off rental or a low-cost first step on the housing ladder.
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