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For saleReduced 21 Jul 2026
£240,000

Peakes House, 1 Cairns Avenue, London, SW16 5ER

1bedroom
1bathroom
Apartmenttype
Leaseholdtenure

Listed 21 Jul 2026 · price reduced 21 Jul 2026 · Merton

How the price compares

This home£240,000
Median 1 bed in SW16£270k23 homes listed · £604 per sq ft
Difference-11%below the area median

About this home

Stylish Ground Floor Apartment I Chain-Free I Residents Parking I Ideal First-Time Buy or Investment

Next Step Estates are delighted to present this well-maintained one-bedroom ground floor apartment situated within a modern residential development in Streatham Vale.

Offered chain free, this bright and well-proportioned property features an open-plan kitchen and reception area, a generous double bedroom, and a well-appointed bathroom. The interior is presented in good decorative order throughout, with large windows allowing for plenty of natural light and neutral finishes that provide a welcoming blank canvas.

The kitchen is equipped with integrated appliances, ample storage and wood-effect flooring that flows seamlessly into the lounge perfect for modern open-plan living. The bedroom comfortably accommodates a double bed and furniture, while the bathroom features a full-size bathtub with shower over, basin, and WC.

Located on the ground floor, the flat also benefits from residents parking, secure entry system, and well-kept communal grounds. The building sits within easy reach of Streatham Common Station (0.5 miles approx), offering direct links to London Victoria, London Bridge and Clapham Junction ideal for commuters. Local shops, parks and amenities are all nearby, making this an attractive location for both homeowners and investors.

Please note some of the photos are virtually staged.

Key Features:

Chain Free

Ground Floor

One Double Bedroom

Open Plan Kitchen / Living Room

Modern Bathroom

Residents Parking

Secure Entry

Good Decorative Order

Approx. 114 Years Remaining on Lease

Tenure: Leasehold Lease Remaining: Approx. 114 years Ground Rent: £250 p.a. Service Charge: Approx. £2,200 p.a. EPC: C

Early viewings are recommended contact Next Step Estates to arrange your appointment.

Property details

Property type
Apartment
Tenure
Leasehold
Parking
Yes

Floorplan

Floorplan 1

Location

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1 on this map

  • Mitcham Eastfields Station0.7 mi
  • Norbury Station1.0 mi
  • Streatham Common Station1.0 mi

What nearby homes sold for

Median sold prices in SW16 over the last 12 months: flat £385k · terraced £600k · semi-detached £875k · detached £950k.

AddressTypeSoldPrice
Flat 3, Styles House, 9, Cairns Avenue
London SW16 5ER
Flat
Leasehold
21 Nov 2024£233,000
13 Cairns Avenue
London SW16 5ER
Terraced
Freehold
6 Nov 2024£550,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in SW16

Buying costs

Monthly repayment£1,201£24,000 deposit · £216,000 loan
Stamp Duty£2,300England 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 Next Step Estates (South West) Ltd, London on Rightmove (original listing). First listed 21 Jul 2026; details checked 7 Nov 2026. Latest change: reduced on 21/07/2026.

Agent disclaimer

Disclaimer - Property reference NEX1000730. 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 Next Step Estates (South West) Ltd, 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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