Summary - Princes Riverside Road, London, SE16 SE16 5RH
1 bed 1 bath Apartment
Bright fourth-floor one-bed with west balcony, parking and Canary Wharf views.
Fourth-floor one-bed with west-facing balcony and Thames/Canary Wharf views
This fourth-floor one-bedroom apartment in a gated riverside development offers clear value for a first-time buyer or investor seeking a low-risk central location. The living room opens onto a west-facing balcony with direct views across the Thames to Canary Wharf, while an allocated secure parking space is included — a rare find so close to central London transport links.
The layout is straightforward: separate kitchen, double bedroom and one bathroom across about 523 sq ft. The property benefits from double glazing and an EPC C rating; flood risk is very low and the long lease (968 years) removes major lease-length concerns. Excellent mobile signal and fast broadband make the flat well suited to home working.
Buyers should note running costs: the service charge is approximately £3,000 pa and ground rent £600 pa; council tax is above average. Heating is electric (room heaters), which can be more expensive than gas in winter. The building dates from the late 1990s/early 2000s, and while presented as modern, some buyers may want to update finishes and heating for long-term efficiency and comfort.
Location is a strong selling point: 0.5 miles to Rotherhithe Overground, 0.7 miles to Canada Water Underground and Rotherhithe Pier (Uber Boat). The nearby Canada Water Masterplan is a major regeneration programme that should boost local amenities and long-term demand. Overall this is a practical, well-located one-bed with immediate rental or owner-occupier appeal, provided buyers factor in the service charge and electric heating costs.
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