Perfect for first-time buyers or investors, these 10 flats in London under £250,000 offer great value for money in London’s competitive sales market.
Chardwell Close, Beckton, E6
£220,000
Offering a contemporary finish with white walls and bathroom and a practical kitchen, this one bedroom flat is set within a charming modern development close to London City Airport. It comes with off-street parking and there is a communal garden too.
Whitehorse Lane, South Norwood, SE25
£220,000
If you’re a Crystal Palace fan, then there’s no better location than where this one bedroom flat is set. It’s right next to Crystal Palace Football Club’s stadium and is situated on the second floor of a well-maintained building. The interior would benefit from a low-scale refurbishment if you’re looking for a property with potential.
Northwood Road, Thornton Heath, CR7
£225,000
Offering great square footage and well-proportioned rooms, this two bedroom maisonette also has a decent sized garden at the rear. It’s set within a period conversion between Crystal Palace, Norbury and Thornton and the lease is only for another 49 years, which is reflected in the price – the new owner would probably want to look into extending it.
Potters Road, New Barnet, EN5
£225,000
Whether you’re looking for a home to move into or an investment property, this one bedroom flat in New Barnet is great for both markets. It has a large open-plan reception room and a bright bedroom, as well as a good-sized bathroom. New Barnet Station is within walking distance, too.
High Street, Croydon, CR0
£235,000
Situated in the centre of Croydon, this one bedroom flat not only has a fantastic location, but also offers potential owners sleek modern interiors, a large communal roof terrace and access to a communal lounge with a mini cinema and library.
Croydon is under a London Regeneration, so it's an exciting area to buy in right now. There are also a lot of reasonably priced options here - see the average rent in Croydon.
King Court, Leyton, E10
£235,000
Situated within walking distance of Leyton Midland Road Station, this one bedroom east London flat has a separate kitchen, a large family bathroom and great potential if you're looking for a property to improve and put your stamp on.
Locket Road, Harrow Weald, HA3
£239,950
On the market at just shy of £240,000, this one bedroom ground floor maisonette in Harrow is bright throughout and the area is both peaceful and pretty. Included in the price is a private garden, but the interiors need some attention from the new owners.
Lee High Road, Lewisham, SE13
£240,000
Set in the midst of the hustle and bustle of Lewisham, this stylish one bedroom flat’s location is very convenient. In addition to this, it has just been refurbished throughout to an excellent standard, with a cool grey colour scheme and a sleek contemporary kitchen and bathroom.
Meads Court, Stratford, E15
£240,000
This charming one bedroom flat is set on the ground floor of a modern block and is in need of a little TLC. But what more than makes up for the tired interior is its location, close to Stratford Station and the nearby shopping centres, which draw visitors to the area from far and wide.
Balaam Street, Plaistow, E13
£249,995
Located right next to Plaistow Park and within walking distance of the high street, this one bedroom flat is ideal for buyers who want to be close to amenities and a tube station. It is set within a purpose-built block and the interiors have been modernised, so you wouldn’t have to do much work to it when you move in.
If you're looking for a similar area to rent in, check out Endfield rent prices. You can also see more affordable homes to rent in London under £1,300 per month, affordable London areas with quick commute times, and the cheapest places to live in London if you're buying.
