£162,500

1 bed flat for sale
166 Sumner Road, Peckham SE15

    • 1 bed

    • 1 bath

    • 1 reception

Unfurnished
Shared ownership
Pets allowed
Leasehold
Added on 12/03/2026

About this property

  • Great transport links

  • Quiet Residential Street

  • Communal gardens

  • Ample storage

  • Bike Shed Access

Shared ownership


Full Market Value - £325,000

You Pay (50%) - £162,500

Monthly Rent - £500.08

Monthly Service Charge - £203.54

Ground Rent - £100 per annum

Council Tax Band: C

125 year lease commenced October 2015 (114 years remaining)

EWS1 certification is available for this block - B1 rating- We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire. Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible.

Enter this well presented apartment via a spacious hallway with storage and utility cupboard. There is a generous open plan reception area which opens onto a south west facing private balcony, which brings plenty of light into the room. The kitchen is fitted with a range of high gloss white wall and base units and incorporates an integrated oven, hob and extractor as well as spaces for white goods. The well proportioned double bedroom includes fitted storage and the accommodation is completed with a modern bathroom incorporating a shower over the bath.

This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.

Sumner Road is a quiet residential street located just off Commercial Way in the heart of Peckham. Peckham Rye and Queens Road stations are within easy reach; both under 15 minutes walk. Burgess Park, Southwark's largest park, is also just a short walk away. An array of impendent shops, bars and restaurants are found locally with Peckham High Street and Queens Road.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £53,778. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered the property for our schemes. If you are not registered please visit our website and register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as at March 2026.

*The £500 Amazon voucher is currently being offered on this 1 bedroom resale apartment and is applicable to any Shared Ownership purchase that reserves by 30th June 2026. The voucher will be supplied within 75 days of completion of the purchase and will be an e-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1 bedroom resales Shared Ownership apartment. Please quote reference: RESALE1BEDSPRING26 when redeeming this offer.

Local Area Information

Sumner Road is a quiet residential street located just off Commercial Way in the heart of Peckham. Peckham Rye and Queens Road stations are within easy reach; both under 15 minutes walk. Burgess Park, Southwark's largest park, is also just a short walk away. An array of impendent shops, bars and restaurants are found locally with Peckham High Street and Queens Road.

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Monthly repayment

£812 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

  • Tenure

    Leasehold (114 years)

  • Service charge

    £204 per month

  • Council tax band

    C

  • Ground rent

    £100

  • Ground rent date of next review

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