Central SE1 flat with parking and a long lease, ideal for first-time buyers or investors.
Allocated off-street parking space — rare for the area
Long lease remaining (156 years)
Third-floor flat with large windows and high ceilings
About 484 sq ft — average-sized one-bedroom
Electric storage heaters; heating upgrade likely needed
Solid brick walls, likely no cavity insulation
No onward chain for a quicker purchase
Area records high crime and high deprivation levels
This bright one-bedroom flat occupies the third floor of a Victorian red-brick building in SE1, offering generous ceiling heights and large windows that fill the rooms with natural light. At about 484 sq ft, the layout is traditional and practical, with a double bedroom, separate living room, kitchen and bathroom — an accessible first home or buy-to-let opportunity in a central location.
Practical positives include an allocated off-street parking space — uncommon for the area — and a long remaining lease (156 years). The property is offered with no onward chain, which can speed up purchase for buyers seeking a quick move-in or investors targeting rental income in a well-connected part of Elephant & Castle.
Buyers should note material drawbacks: heating is via electric storage heaters, the walls are likely uninsulated solid brick, and glazing install dates are unknown. The surrounding area records higher crime levels and significant deprivation indices, which may affect resale and rental demand for some buyers. Prospective purchasers are advised to commission a survey and factor potential retrofit or heating upgrades into budgets.
Local amenities and transport links are close by, with eateries, shops and major transport hubs within walking distance, and ongoing area regeneration signalling future change. This flat suits a first-time buyer or investor willing to accept modest finishing and modernisation for a central SE1 address with parking and a long lease.
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