Summary - TILBURY HOUSE, 9 FLAT 14 MYERS LANE LONDON SE14 5RY
1 bed 1 bath Studio
Practical urban studio near New Cross Gate — suited to cash buyers or investors.
- Approximately 340 sq ft studio with separate kitchen and bathroom
- Bright living space; modern 1980s-built block
- Communal garden and residents’ off-street parking available
- Service charge approximately £2,359 per year
- Ground rent £160 per year; Council Tax Band B (cheap)
- Lease ~73 years remaining — lenders may refuse mortgages
- Broadband speeds reported as very slow; may deter tenants
- Area has above-average crime rates; consider security needs
A compact, well-presented studio in SE14 offering straightforward urban living close to multiple overground and rail links. The flat includes a separate kitchen, bathroom and a bright main living space within approximately 340 sq ft, plus access to communal gardens and residents’ parking — practical features for a city let or a cash buyer seeking a manageable property.
This location suits investors or single occupiers who prioritise transport links and local amenities: New Cross Gate, Surrey Quays and South Bermondsey stations are all within easy reach, while nearby shops, cafes and leisure facilities add everyday convenience. The building dates from the 1980s and presents a modern, low‑maintenance exterior.
Important financial and physical considerations are stated plainly. The lease has about 73 years remaining, which will restrict mortgage options and likely lead to lender refusal without a lease extension. Service charges and ground rent are ongoing costs to factor in (£2,359pa service charge; £160pa ground rent), and broadband speeds are reported as very slow — a potential downside for many renters or occupants.
Overall this is a compact, practical city studio with clear commuting and amenity strengths, best suited to buyers who can proceed with cash, investors aware of lease-extension costs, or those prepared to negotiate financing with the lease term in mind.
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