Summary - Chatteris Way, Elephant & Castle, London, SE17 SE17 1GX
2 bed 1 bath Flat
Bright, modern apartment with balcony and swift central connections.
Two bedrooms, one bathroom in a contemporary open-plan layout
Private balcony with floor-to-ceiling glazing and city-facing aspect
Approx. 681 sq ft — average inner-city apartment size
Long lease (~243 years) and no ground rent
Service charge circa £4,588 pa (above average)
Community heating scheme — costs controlled centrally
0.3 miles to Elephant & Castle station; excellent transport links
Local area: very deprived with above-average crime statistics
Set within the purpose-built Octavia Apartments, this well-presented two-bedroom flat offers a straightforward, low-maintenance base close to central London. The open-plan living area benefits from full-height glazing and a private balcony, bringing strong natural light into a contemporary kitchen and living space. At about 681 sq ft the layout suits professionals, couples or investors wanting a ready-to-rent city apartment.
The principal bedroom includes built-in storage and a second room works well as a guest bedroom or home office. Finishes are modern throughout — engineered-style flooring, recessed lighting and integrated kitchen appliances — so the property requires little immediate updating. Transport links are a major convenience: Elephant & Castle station and multiple bus routes are within a short walk, giving fast access to the West End and the City.
Buyers should note key running costs and local context. The service charge is circa £4,588 pa (above average) and council tax is above average. Heating is provided via a community scheme, which can affect bills and service arrangements. The wider area is classified as very deprived with above-average crime statistics, factors that are relevant for householders and investors assessing rental demand and long-term value.
On balance, this apartment is a pragmatic pick for buyers seeking a contemporary, well-located flat that is ready to occupy or let. The long lease (about 243 years remaining) and nil ground rent are positive ownership features, while the service charge and local area metrics are important considerations when assessing affordability and investment yield.
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