Large one-bedroom flat with garage and great transport links for investors.
Spacious one-bedroom apartment — approx. 746 sq ft with high ceilings and period features
Chain free — available for immediate completion
Garage en bloc — rare off-street parking advantage
Short lease — 54 years remaining; may deter mainstream mortgage lenders
Service charge £2,025 pa — ongoing ownership cost to budget for
Above-average local crime and higher area deprivation — consider security needs
Good transport links — Norwood Junction and Selhurst stations nearby
Fast broadband and excellent mobile signal — strong for tenants or working from home
Large, well-presented one-bedroom apartment set within a late-Victorian building, offered chain free and ready for immediate occupation or rental. The apartment benefits from generous internal space (approx. 746 sq ft), high ceilings and period features in the reception, a modern kitchen, double bedroom and a three-piece bathroom. A garage en bloc provides rare off-street parking for the area.
Important lease and cost information is explicit: the remaining lease is 54 years and the average service charge is £2,025 per year. Short lease length may limit mortgage availability — some lenders could refuse to lend, so cash buyers or specialist short-lease lenders are most likely to proceed. Council tax remains low, which supports rental appeal or owner-occupier affordability.
Location is practical for commuting and local life: Norwood Junction and Selhurst stations offer direct trains to London Bridge and Victoria, and nearby parks, shops, pubs and cafés are within walking distance. Broadband speeds are fast and mobile signal is excellent. Be aware the area records above-average crime and sits within a deprived ward; factoring in management, security and potential refurbishment budgets is advised.
For an investor this property offers immediate rental potential and a garage that can attract tenants. For a buyer seeking a long-term home, the short lease is the principal constraint and will require early action (lease extension cost and specialist mortgage advice). The apartment’s size, period charm and location remain strong selling points if the lease situation is addressed.