Banning Street, SE10

SIR WALTER RALEIGH COURT, BANNING STREET, SE10 — GREENWICH | See Virtual Tour
934 SQFT | 3 BED | 2 BATH | FIRST FLOOR | LEASEHOLD 109 YRS | EPC B | WELL-PRESENTED

ASSET
Sir Walter Raleigh Court is a modern purpose-built development on Banning Street in East Greenwich, moments from the Thames Path, within the Royal Borough of Greenwich. The flat occupies the first floor and extends to 934 sqft of laterally arranged accommodation. The reception room measures 20'6" x 19'2" — a near-square principal space — opening to a 15'10" x 6'11" fitted kitchen, with the reception giving onto a private balcony of 12'7" x 4'1" (approx. 51 sqft). All three bedrooms are genuine doubles at 10'6" x 10'2", 10'5" x 10'5" and 10'5" x 9'3", served by a bathroom of 8'11" x 6'2" with a separate guest WC and a storage cupboard off the hall. The specification includes underfloor heating and full-height double glazing.

TENURE & HOLDING COSTS
Leasehold — 109 years remaining. Ground rent: TBC | Service charge: £2,580 per annum | Council tax: Band D (Royal Borough of Greenwich) | EPC: B.

CONDITION
Well-presented throughout, with a neutral contemporary finish consistent with the building's modern specification. Services and appliances have not been and will not be tested.

CONNECTIVITY
Maze Hill station (Southeastern) is within easy reach, with direct National Rail services to London Bridge and Cannon Street. Cutty Sark DLR connects directly to Canary Wharf and Bank, and North Greenwich (Jubilee line) and the O2 are readily accessible. The Thames Path runs at the end of the street, leading to Greenwich town centre, the market, the Old Royal Naval College and Greenwich Park, with East Greenwich's local shops and cafés on the doorstep.

BUY CASE
What does this offer that riverside Greenwich rarely does? A 934 sqft three-double-bedroom flat with a genuine balcony, a 109-year lease sitting comfortably clear of the 80-year marriage-value threshold, and a service charge under £2.80 per sqft — a holding-cost profile rare among East Greenwich's amenity-led riverside schemes. The EPC B rating future-proofs lettability against tightening energy standards, and three double bedrooms at this square footage command a premium in both the sharer and family rental markets serving Canary Wharf and the City. Exit routes run both ways: owner-occupier resale demand for three-bed stock in walking distance of Greenwich town centre, and a deep, proven lettings market. Long lease, low holding costs, strong rating — the fundamentals do the work.

We are required by law to conduct anti-money laundering checks on all those selling or buying a property as prescribed by the Money Laundering Regulations 2017. The initial checks are carried out on our behalf by Coadjute. The cost of these checks is £80 (excl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you and the checks must be completed. We will receive some of the fee taken by Coadjute to cover our costs in our role in the provision of these checks.