Modern central apartment near Vauxhall—long lease and secure development.
Open-plan reception with floor-to-ceiling windows and balcony access
Light-filled one-bedroom apartment set within a secure residential development on Salamanca Place. The open-plan reception with floor-to-ceiling windows and a well-equipped kitchen creates a sociable, modern living space; the double bedroom and contemporary bathroom complete a simple, comfortable home of about 577 sq ft.
Practical features include lift access, bike storage and a very long lease (c.898 years), making the tenure straightforward for buyers. Transport is strong for central London living — roughly 0.6 miles to Vauxhall station and within walking distance of riverside amenities, cafés and South Bank attractions.
Running costs are an important consideration: the current service charge is about £3,120 per year and council tax band is not specified. The wider area is an inner-city, multicultural student neighbourhood with average crime statistics and pockets of deprivation; this brings vibrancy but may not suit buyers seeking a quieter suburb.
For first-time buyers, this apartment offers a ready-to-move-into central base with good connectivity and long-term tenure. Investors will also note straightforward lettability given the location and nearby transport hubs, though service charges should be factored into yield calculations.
1 bedroom apartment for sale in Salamanca Place, London, SE1 — £375,000 • 1 bed • 1 bath • 477 ft²
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1 bedroom flat for sale in 9 Albert Embankment, Vauxhall, London SE1 — £500,000 • 1 bed • 1 bath • 612 ft²
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