Summary - 3 WOODRUSH CLOSE SE14 6DJ
1 bed 1 bath Flat
Well-located cash-buy opportunity minutes from New Cross Gate and central London links.
- Approximately 392 sq ft (compact one-bedroom)
- Off-street parking included
- Around 8-minute walk to New Cross Gate station
- Lease 63 years remaining — lenders may refuse mortgages
- Requires renovation; electric storage heaters (higher running costs)
- Service charge £1,993 pa; no ground rent
- Above-average local crime and area deprivation
- Council tax band C (affordable)
A compact first-floor apartment offering approximately 392 sq ft in New Cross, with off-street parking and straightforward access to central London. The flat is bright with large windows and a practical layout suited to a single occupant or couple. New Cross Gate station is around an eight-minute walk, with London Bridge reachable in roughly 15 minutes door-to-door.
This property needs renovation and is heated by electric storage heaters; expect updating to improve comfort and running costs. The lease has 63 years remaining — a material issue that may prevent many mortgage lenders from offering loans, so buyers should check financing options or plan for a cash purchase. The annual service charge is £1,993 and there is no ground rent, while council tax is in an affordable band C.
The location suits investors or cash buyers targeting rental income or a refurbishment resale: the area mixes young families and students and offers local amenities including supermarkets, cafes and good schools nearby. Note the neighbourhood records above-average crime and indicators of area deprivation; factor local management and safety improvements into any investment or renovation budget.
In short, this is a small, well-located flat with clear potential for uplift after modernization, but it carries financing and condition constraints that must be addressed before proceeding.
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