Affordable SE1 flat needing renovation near Elephant and Castle transport and South Bank.
Three double bedrooms and living room; 708 sq ft total
Top-floor (4th) position with no onward chain
Requires internal renovation and modernisation throughout
Leasehold with approximately 106 years remaining
Low ground rent (£10) and affordable council tax band
Single bathroom plus separate WC; budget for upgrades
Excellent transport links; close to Elephant & Castle and South Bank
Area undergoing regeneration but very deprived; crime above average
Set on the fourth (top) floor of a low-rise block in SE1, this three-double-bedroom apartment offers spacious rooms and a clear opportunity to add value. With 708 sq ft and no onward chain, it suits a buyer ready to modernise and personalise a central London home.
The property has double glazing and gas central heating from a boiler and radiators. Transport links are strong with Elephant & Castle tube and rail within walking distance and easy access to South Bank amenities, Borough Market and local universities.
Notable practical points: the flat is leasehold with about 106 years remaining, low ground rent (£10), and affordable council tax. The building dates from the mid-20th century and the flat requires internal renovation; buyers should budget for updating kitchens, bathrooms and possible decorative and service checks.
The local area is undergoing regeneration and offers a wide range of shops, eateries and leisure facilities, but it is in a very deprived ward and records above-average crime levels. Internal viewing and a professional survey are recommended to confirm condition and running costs before purchase.
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