Sales

Of the 90 flats in Perronet House there are 37 flats owned by leaseholders. Occasionally these popular flats are sold on the open market.

View property prices for Perronet House at SE1 6JR (lower floors) and SE1 6JS (higher floors).

If you are interested in buying in Perronet House you are welcome to register your interest and I may be able to find you a seller and answer questions.

Here are a few surprising facts about the building:
- Perronet House was commended in a government award for housing in 1971
- Perronet House’s architect, Sir Roger Walters was knighted the year Perronet House was completed.
- 80 of the flats in Perronet House are split level over 5 floors each, providing dual aspect views west and east.
- Perronet House is not a system built pre fab like many mid 20th century council blocks, but made from insitu concrete.
- The building is fitted with a gas supply to each kitchen for powering the cooker. Some residents have had this supply removed as they prefer to use electric, however for a charge the gas supply can be reinstated.
- In the late 1980s the piloti on lower levels were filled in to accommodate additional residents in new flats, which are differentiated by having hard wood windows and brick walls.
- All the other windows in Perronet House are the original galvanised steel frames made by Crittal. All the large opening panes and some of the smaller panes are double glazed, as they were from new.
- Perronet House has been welcoming guests as part of in London Open House since 2013.
- Permission can be obtained from the council to reconfigure flats and remove or add walls, creating bold new contemporary properties as have previously featured in Open House and on blogs such as “Modernist Estates”.
- The view from Perronet House includes two listed buildings in the foreground. The first to be listed was the large metal box at the centre of the junction. It was designed by Rodney Gordon in 1965 as a memorial to local resident Michael Faraday. It also contains an electricity substation for the underground. The more recent listing is Metro Central Heights, a 1960s mega structure designed by Erno Goldfinger as offices in the early 1960s, condemned for having sick building syndrome when used as the HQ for the government’s DHSS and subsequently painted cream and converted into pokey flats in the 1990s. It was listed in 2013 presumably because of its architect notoriety more than the building’s integrity which is far from original either inside or out. Residents benefit from a small paddling pool and gym in the basement and concierge service. They do not benefit from double glazing as we do, or in many cases dual aspect flats.
- The ground floor contains several lockable garages to rent from the council from parking a car or using for general storage.

If you are a Perronet House leaseholder looking to sell your flat contact me and I may be able to help you find a buyer.

BUYERS TIPS:
- Service charge for a two bed flat is currently approximately £2,700 a year which includes a share of the cost of heating and hot water. Service charge is partly calculated according to property size so is a few hundred pounds different for larger and smaller homes.
- Get an electrician to check the wiring in your flat before you agree the sale price. The flat you are viewing almost certainly needs rewiring. The original design of the earth in these flats relies on a good contact throughout the metal conduit that contains the live and neutral wire. In many cases we know this earth has failed. Surveyors in 2013 advised the council to have all their tenanted flats totally rewired, but budget cuts and the disturbance of this work has led to indefinite postponing the project with only traceable faults being rectified. We know some leaseholders have had their flats rewired in recent years but these are also worth have checked due to potential faults. Given the complex configuration of flats and concrete walls rewiring is a major job. To rewire a flat and chase in the new cables costs in the region of £5,000.
- Check the condition of the two water tanks, hot and cold. The originals are metal and many are very corroded, from the inside out, some even discretely leak. Leaseholders are responsible for the cost of replacing their cold water tank but the renewal of the hot water tank is inclusive within your service charge and can be replaced by the council’s heating contractor if they deem it necessary. In short be suspicious of any cold water tank that is still metal, a new replacement will be plastic, and if the exterior of the hot water tank shows any signs of corrosion ask the vendor to contact the council’s repair team and get it checked out to save you the hassle should you move in.
- Beware flats where walls have been removed or added in which the owners cannot provide written evidence from the council of permission having been granted. You could be liable for the cost of restoring the property to its original configuration.
- Check that panes of glass that should be double glazed are double glazed (all large opening panes and at least one of the other large panes in every room). The council has a poor track record of incorrectly replacing double glaze panes with single glazing to save money.
- We have informally been told that the door entry system will be renewed in 2016 for which leaseholders will need to pay a share of the cost. The cost is unknown and the formal Section 20 notice has not yet been dispatched.
- We have been told by the council that our windows will not be considered for replacement until 2020 at the earliest. The TRA is currently of the view that white uPVC windows should not be installed. An estate agent informed one leaseholder this would devalue their property.
- Until we hear otherwise assume this is a cash buyers building only. Since 2008 mortgage lenders have unfortunately (and we believe mistakenly) assumed this building is a risk because it is a council run, concrete high rise block with a majority of council tenants residing in it, this last point being cited as the most significant issue for lenders. (The government’s incentive of a discount of £102,700 (as of 2015) to council tenants who want to buy their flat may change this percentage and resolve this issue, though it seems unlikely that tenants will also be fortunate to also have several more hundred thousand pounds available in cash to make up the difference!) For those without ready cash the an option to consider is to persuade a friend or family member to release equity from their mortgageable property elsewhere to provide the cash to buy your Perronet House flat. Share ownership of both that house and the Perronet House flat, repaying the mortgage on your friend or family’s property instead.