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Spacious 1 bed Apartment property

Available

For Sale

Listed Jul 8, 2025

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£270,000

Available

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Description

"Renovated Second Floor 1 Bed Flat in Elephant & Castle Ideal First Home or Investment Opportunity
Guide Price £270,000 Auction Sale Leasehold 48 sqm

Step into city living with this bright and spacious one bedroom flat in a prime Elephant & Castle location offered with no onward chain and available via online auction.

Located on the second floor of a well maintained purpose built block, this home features

A generous double bedroom
Contemporary wood flooring throughout
A fully fitted kitchen with integrated appliances
A sleek, fully tiled bathroom
Bright and airy reception room perfect for relaxing or entertaining
Set just moments from Elephant & Castle s transport hub Northern, Bakerloo, Thameslink & Southeastern , you ll have fast links to the City, West End, and beyond. Enjoy local gems like Mercato Metropolitano, bars, cafes, and open spaces including Nursery Row Park and Victory Community Park all just around the corner.

Key Details

Lease 105 years remaining
Ground Rent £350 year
Service Charge Approx. £1,140 year
Council Tax Band B
Online Auction
Currently tenanted at £1,600 month on a 2 year lease with a break clause in July 2025 , the property generates an attractive gross rental yield of approx. 5.9% a rare find in Zone 1. This is a perfect fit for first time buyers, investors, or anyone looking for a smartly located bolt hole in a rapidly developing neighbourhood.

Council Tax Band B
Tenure Leasehold
Length Of Lease 105
Annual Ground Rent Amount £350.00
Annual Service Charge Amount £1,140.00"