Summary - RYE LANE SE15 SE15 4TP
1 bed 1 bath Flat
Bright open-plan living with private balcony and gated parking close to Peckham Rye Park.
- Spacious 1-bed flat: 631 sq ft open-plan living
- South-west facing private balcony plus communal roof terrace
- Allocated gated garage space with electric fob access
- Long lease: approximately 116 years, chain-free
- Sold at online auction: starting bid £315,000, reserve applies
- Buyer costs: 5% deposit and up to 6% reservation fee
- Service charge approx £2,541 pa; area records higher crime
- Furnishings in photos are computer-generated enhancements
Set on the first floor, this generous 1-bedroom flat delivers 631 sq ft of bright, open-plan living with a south-west facing private balcony and access to a large communal roof terrace. The layout includes a utility area and an allocated gated garage space with fob entry and lift access, making it a practical city base close to green space — Peckham Rye Park is a four-minute walk.
The property is offered chain-free with a long lease of approximately 116 years and sold via an online Secure Sale auction process, allowing immediate exchange of contracts once a bid is accepted. Excellent public transport links (Peckham Rye c.6 minutes) suit commuters, while nearby shops, cafes and schools match the needs of young professionals and first-time buyers.
Buyers should note this is an auction sale with associated costs: a non-refundable 5% deposit on exchange and a reservation fee of up to 6% (minimum £6,000 inc VAT). The advertised price is a starting bid; a confidential reserve price will apply. Service charges average £2,541 per year and the area records higher crime levels, which may concern some purchasers.
Images have been enhanced with computer-generated furnishings. Viewings are by appointment only and the legal pack is available on request; prospective buyers are advised to review the pack and seek legal advice before bidding. EPC rating B and mains gas central heating are in place.
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