• Location

    Oleander House, 1B Glengall Road, Southwark, London, SE15 6FS

  • Buying options

    Shared Ownership

  • Full value

    £325,000

  • Share value

    (60%) £195,000

  • Bedrooms

    1

Property reference number: 1639849

 A fantastic 1-bedroom apartment with a private balcony and communal roof-terrace in SE15. Available through Shared Ownership from £195,000 for a 60% share of £325,000.

This home offers bright and comfortable living, featuring a spacious bedroom and large modern open-plan kitchen-living room with integrated Zanussi appliances, as well as a private balcony with open views that enjoys sunlight throughout the day. Residents also benefit from secure bike storage and access to a private communal roof terrace with impressive views across the London skyline.

Ideally located in a well-connected part of South East London, the property is within easy reach of South Bermondsey Station, offering direct services to London Bridge in under 10 minutes. Bermondsey Underground Station provides access to the Jubilee Line, while numerous bus routes along Old Kent Road connect residents to Elephant & Castle, Waterloo and Central London. The property is next to Burgess Park and close to Camberwell and Peckham, boasting local shops, pubs, cafés and restaurants. It benefits from close proximity to everyday amenities including Tesco and Asda.

Closest stations: South Bermondsey (0.8 miles), Bermondsey (0.9 miles), Elephant & Castle (1.4 miles)
Bus routes nearby: 21, 53, 78, 172, 453, N21, N53

Key features: 

Communal terrace

Private balcony

Secured bike storage 

Integrated Zanussi kitchen appliances

Financial information 
Tenure: Leasehold 
Remaining lease term: 114 years 
Annual ground rent amount: £0
Ground rent review period: Applicable upon final staircasing 
Annual service charge amount: £2,365.92
Service charge review period: Annually 
Council tax band: D

*Financial information correct as of 18/08/2025

Oleander House, 1B Glengall Road, Southwark, London, SE15 6FS

Financials

Financials
Full Value £325,000
Share Percentage 60%
Share Value £195,000
Monthly Mortgage £926.00
Monthly Rent £244.58
Minimum Household Income £45,000
Maximum Household Income £90,000
Deposit Required £19,500

Register your interest

To be eligible for Shared Ownership, your household income must be less than £90,000 when buying a home in London and £80,000 for homes outside of London)
You will need to have sufficient savings to cover the costs associated with buying a home such as moving and solicitor fees (estimated between £4,500 - £5,500 and your mortgage deposit)

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