Auction sale with long lease and scope for refurbishment near Elephant & Castle.
- 570 sq ft one-bedroom flat with high ceilings and bay window
- New 125-year lease remaining on title
- Sold at auction (Lot 54) on 19/11/2025; no prior offers accepted
- Approximately 0.6 miles to Elephant & Castle station
- Period wooden floors and character details; needs updating
- Located in a very deprived area; consider local market risks
- Average broadband speeds; excellent mobile signal
- Open viewing dates listed; virtual tour available before bidding
A roomy one-bedroom flat occupying about 570 sq ft, offered at auction with a new 125-year lease. The apartment sits in a mid-20th-century brick block on Pilton Place, a short walk (approx. 0.6 miles) from Elephant & Castle station, shops on Walworth Road and local parks. Its high ceilings and original wooden floors give period character and good natural light from a bay window.
This property suits a first-time buyer or investor seeking a central London entry point with scope to add value. The layout provides reception room, bedroom, kitchen and bathroom across three main rooms; there is clear potential to reconfigure or update finishes to modern standards. Broadband speeds are average and mobile signal is excellent, useful for working from home or renting.
Important practical points: the property will be sold at auction (Lot 54) on 19/11/2025 and the vendor will not accept offers prior to auction. Viewings are set on specific dates; a virtual tour is available. The surrounding area is classified as very deprived with average crime levels, so buyers should factor local market conditions into their plans.
Overall this is a straightforward, well-positioned flat with genuine improvement potential and long lease security. It will suit someone comfortable buying at auction and undertaking cosmetic or structural works to unlock greater long-term value.
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