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Maddock Way, London

PROPERTY TYPE

Maisonette

BEDROOMS

3

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Spacious Split-Level Three-Bedroom Maisonette
  • In Need of Modernisation with Excellent Potential
  • Bright Reception Room with South-Facing Balcony
  • Kitchen/Diner, Separate WC and Family Bathroom
  • Three Generous Bedrooms with Built-in Storage
  • Private Forecourt Terrace
  • Opposite Kennington Park
  • Close to Kennington, Oval & Elephant & Castle Stations

Description

Offering fantastic potential to modernise and add value, this spacious split-level, three-bedroom maisonette is an excellent opportunity for first-time buyers, families and investors alike. Arranged over the upper floors of a low-rise block, the property enjoys well-proportioned accommodation, a practical layout and an abundance of natural light throughout.

The property is accessed via a private forecourt terrace leading into a central entrance hall. The first floor comprises a generous fitted kitchen/diner with ample space for dining, a separate WC, and a spacious reception room with direct access to a private south-facing balcony, providing an ideal outdoor space. Upstairs, there are three well-sized bedrooms, all benefiting from built-in storage, together with a family bathroom.

While the property would now benefit from updating and modernisation, it presents an exciting opportunity for purchasers to refurbish and personalise the accommodation to suit their own style and requirements. The generous room sizes, split-level design and sought-after location combine to create a home with significant long-term appeal.

Maddock Way is ideally positioned in the popular Kennington Oval/Walworth area, well known for its excellent transport connections and wide range of local amenities. Kennington and Oval Underground stations (Northern Line) are both within walking distance, while Elephant & Castle is also easily accessible, providing fast links to the West End, the City, London Bridge and beyond. Numerous bus routes serve the surrounding area.

Residents can enjoy the open green spaces of Kennington Park, located directly opposite the property, which offers a café, children's playground and recreational facilities. The popular farmers' market at St Mark's Church is held nearby, while the surrounding streets offer an excellent selection of cafés, restaurants, pubs, independent shops and everyday conveniences.

Lease - 125 years from 17th September 1990 (89 years remaining)
Service Charge £3,000 PA
Ground Rent - £10 PA
Southwark Council - Council Tax Band - C
Energy Efficiency Rating - D
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Maddock Way, London

Approximate location

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Affordability

Monthly repayments£1,881
Property: £ 375,000
Deposit: £ 37,500
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Acorn, Kennington

325 Kennington Road, London, SE11 4QE

Established in 1984 as a single, independent estate agency, The Acorn Group, which incorporates Acorn, Langford Russell and John Payne, now spans 40 offices throughout South London, Kent, and Medway. Our highly skilled team is dedicated to providing tailored services to all our clients. We cover a comprehensive range of property services including financial services, chartered surveyors, property management, lease extensions and more.

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Disclaimer - Property reference HEC262761. 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 Acorn, Kennington. 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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