Summary - Flat 3, 24, Albion Way SE13 6BT
1 bed 1 bath Apartment
Central SE13 pad with period charm and easy transport links for city commuters.
Bright reception with high ceilings and large window
One double bedroom with space for wardrobes
Modern L-shaped fitted kitchen, practical workspace
Share of freehold with c.994 years remaining on lease
Compact footprint: approximately 468 sq ft (average sized)
Very high local crime rate; consider security and insurance costs
Solid brick walls likely uninsulated; possible retrofit needed
Average broadband speeds; excellent mobile signal and transport links
Set within an attractive Victorian façade on Albion Way, this one-bedroom flat offers a practical first-time buy with period character and modern touches. High ceilings and a large reception window bring light and a feeling of space to the compact 468 sq ft layout. The L-shaped fitted kitchen and recent double glazing make day-to-day living straightforward.
Practical ownership is supported by a very long lease (c.994 years) and a share of freehold, with low council tax costs. Transport is a major convenience: Lewisham DLR and Overground are close by (approx 0.2 miles), making central London commutes and local amenities easily reachable. The area is undergoing regeneration investment, which could benefit longer-term value.
Buyers should consider local context candidly. Crime levels in the immediate neighbourhood are reported as very high and the wider area is classified as deprived; this affects desirability for some buyers and may influence insurance or security costs. The building’s solid brick construction likely means minimal cavity insulation and could require retrofit work to improve thermal efficiency and running costs.
Overall, this apartment suits a cost-conscious buyer seeking a well-located first home or an investor wanting city access and rental potential. It offers a blend of period charm and modern fittings, but buyers should budget for possible upgrade works and factor local safety and socioeconomic factors into their decision.
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