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@skidlidsid
Thanks to everyone who offered advice on Shared Ownership. I haven't ruled it out, but I'm now wary enough that I'm only going to consider it if it gets me a 2-bed in a fantastic location.
The other avenue I'm exploring is full ownership of a 1-bed - which, as I mentioned, involves going further South or East (from Streatham, where I currently rent).
Might be able to maintain a similar distance from Zone 1 by venturing into Forest Hill/ Sydenham/Perry Vale type area.
Got a viewing tomorrow night in Forest Hill - fingers crossed the flat isn't shit! Or at least within an acceptable shitness tolerance!