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For saleReduced 24 Oct 2026
£425,000

Fairmont House, Albatross Way, London, SE16 7AB

1bedroom
1bathroom
Flattype
543sq ft
Freeholdtenure

Listed 27 Aug 2026 · price reduced 24 Oct 2026 · Southwark

How the price compares

This home£425,000£783 per sq ft
Median 1 bed in SE16£365k30 homes listed · £676 per sq ft
Difference+16%above the area median

Key features

  • Share of Freehold with No Ground Rent
  • 2nd Floor with Lift Access
  • Sunny South-East Facing Balcony
  • Chain-Free
  • Service Charge: £2,800
  • Double Bedroom with Built-In Wardrobes
  • 20ft Open-Plan Kitchen, Living & Dining Room
  • Under 5 Minute Walk to Rotherhithe Station
  • Under a 5 Minute Walk from Canada Water Station
  • Close to Surrey Quays Shopping Centre

About this home

Light, space and a superb location come together in this beautifully presented one-bedroom apartment. It sits on the 2nd floor of a secure, modern building completed by Barratt Homes in 2011, offers around 543 sq ft and is in excellent condition throughout.

The star of the show is the open-plan kitchen, dining and reception room. At over 20ft long, it gives you room to cook, dine and relax all in one sociable space. Glazed doors lead out onto a south-east-facing balcony that catches the morning and early-afternoon sun, ideal for weekend breakfasts and relaxing with a coffee. The fitted kitchen is sleek and modern. The double bedroom is a calm, airy retreat with built-in wardrobes and its own French doors letting in plenty of light. The bathroom includes a bath, and a storage cupboard in the hall keeps everything neatly tucked away. Central heating, double glazing and fibre broadband make for comfortable, connected living.

The building has lift access, secure entryphone entry and its own parking facilities, with on-street parking also available nearby.

Commuters are spoilt for choice. Rotherhithe and Canada Water stations are each less than five minutes' walk away, putting Canary Wharf, London Bridge and the West End within easy reach. Surrey Quays Shopping Centre is around ten minutes on foot, and good schools, bars, restaurants and bus routes are all nearby. Chain-free and ready for its next owner, this is a home you could be enjoying in no time.

The property is offered with a share of the freehold, which was acquired in 2014. There is a service charge of £2,800 per annum and no ground rent payable. It falls within Council Tax Band E with the London Borough of Southwark and has an EPC rating of B (83). Mains electricity, gas, water and sewerage are connected, along with fibre optic broadband. There has been no flooding in the last five years, and there are no restrictions, easements or private rights of way, although a public right of way is recorded in the area.

Property details

Property type
Flat
Size
543 sq ft / 50 sq m
Council tax band
E
Tenure
Freehold
Estate charge
£2,800 per year
Parking
On street
Heating
Double glazing, Central
Electricity
Mains supply
Water
Mains supply
Accessibility
Lift access, 2nd floor

Floorplan

Floor Plan 1

Location

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  • Surrey Quays Station0.5 mi
  • Canada Water Station0.1 mi
  • South Bermondsey Station0.9 mi

What nearby homes sold for

Median sold prices in SE16 over the last 12 months: flat £425k · terraced £770k · semi-detached £815k · detached £645k.

AddressTypeSoldPrice
Flat 17, Iceland Wharf, Plough Way
London SE16 7AB
Flat
Leasehold
19 Nov 2025£480,000
Flat 36, Iceland Wharf, Plough Way
London SE16 7AB
Flat
Leasehold
17 Nov 2025£515,000
Flat 14, Iceland Wharf, Plough Way
London SE16 7AB
Flat
Leasehold
11 Oct 2024£540,000
Flat 28, Iceland Wharf, Plough Way
London SE16 7AB
Flat
Leasehold
15 Aug 2024£425,000
Flat 11, Iceland Wharf, Plough Way
London SE16 7AB
Flat
Leasehold
19 Apr 2024£500,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in SE16

Buying costs

Monthly repayment£2,126£42,500 deposit · £382,500 loan
Stamp Duty£11,250England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Jameson Knight Wapping, London on Rightmove (original listing). First listed 27 Aug 2026; details checked 7 Nov 2026. Latest change: reduced on 24/10/2026.

Agent disclaimer

Disclaimer - Property reference 60502_000063. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Jameson Knight Wapping, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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