Move-in ready one-bed with balcony, long lease and easy access to New Cross Gate transport links..
70% shared ownership — monthly rent £350.50 on unsold share
Chain free; move-in ready, fantastic condition
116-year lease remaining; long-term security
25' open-plan living room with balcony and natural light
Approx 597 sq ft; one double bedroom, one bathroom
EPC Grade B; gas boiler and radiators heating
Service charge £51.16 pcm; ground rent £250 pa
Area has above-average crime and higher deprivation
A bright, well-presented one-bedroom apartment on the second floor, ideal for a first-time buyer seeking good transport links. The 25' open-plan living room opens onto a balcony, and the property benefits from a long 116-year lease, EPC grade B and access to communal gardens and a bike store. The apartment is offered chain free and is presented in excellent condition, ready to move into.
This is a 70% shared ownership sale, so the buyer will pay a monthly rent (£350.50) on the unsold share alongside a service charge (£51.16 pcm) and a small annual ground rent (£250). Council Tax band B is relatively cheap. The flat is around 597 sq ft and uses gas central heating via boiler and radiators.
Location is a key strength: quick walks to New Cross Gate and Queens Road Peckham stations, fast broadband and excellent mobile signal. Nearby schools include several rated Good or Outstanding, and local amenities are varied. Be aware the immediate area records above-average crime and higher local deprivation indicators; factor in local context when deciding.
Overall this apartment offers a practical, low-maintenance step on the housing ladder with long lease security and outdoor space. It suits a buyer who wants a move-in ready home close to transport and local amenities, but who understands the shared-ownership costs and local area challenges.