Strata Building, Elephant & Castle, SE1
RO

Strata Building, Elephant & Castle, SE1

By Romans & Partners

£ 340,000

Reviews

2 out of 5 stars

Romans & Partners says ..

Nestled within the multi-award-winning Strata Building, an architectural marvel that punctuates Central London's skyline, stands an exceptional studio apartment that epitomizes urban elegance in Elephant & Castle, SE1

Property Oracle says ..

This studio apartment in the Strata Building, Elephant & Castle, is a modern property located in a rapidly developing area of London. The apartment itself appears to be in excellent condition, with modern fixtures and fittings throughout. The images show a clean, well-maintained space with a contemporary design. The location benefits from excellent transport links, with Elephant & Castle station a short distance away, providing access to various lines. The proximity to several schools, including the Outstanding-rated Crampton Primary, is also a positive aspect for potential buyers. However, the lack of outdoor space (plot size 0.00 sqft) is a significant drawback, particularly given the high price per square foot in the area. While the apartment is modern and well-located, the list price of £340,000, considering the small size (370.28 sqft) and lack of land, might be considered high compared to the average price per sqft in the area (£906.00). Nearby comparable properties are not consistently priced, suggesting some market volatility.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
5
Condition
9
Location
8
Land
1
Bedrooms
0
Bathrooms
1
Sqft (est)
370.28

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
386,667.00 £
Decreased by 34.47 %
from 590,020.00 £
Est sale value
275,118.04 £
Decreased by 8.50 %
from 300,667.36 £
Average area rental value
2,374.00 £/mo
Decreased by 5.42 %
from 2,510.00 £/mo
Est letting value
1,481.12 £/mo
Increased by 33.33 %
from 1,110.84 £/mo
Est rental Yield
7.37 %
Increased by 44.51 %
from 5.10 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Romans & Partners created the listing.

Nearby Schools

NameTypeOfstedDistance
London College Of Printing & Distributive TradesMiscellaneous0.35 KM
Crampton PrimaryCommunity SchoolOutstanding0.46 KM
Victory Primary SchoolCommunity SchoolGood0.61 KM
Victory Primary School And Children'S CentreChildren's Centre0.61 KM
London South Bank UniversityHigher Education InstitutionsGood0.68 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
A3 £ 000.00 KM
Elephant and Castle £ 000.00 KM
St. Gabriel Walk £ 000.00 KM
Pastor Street £ 000.00 KM
O'Callaghan Way £ 900,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Elephant And Castle5246EPH0.10 KM
Waterloo East5158WAE1.68 KM
London Bridge5148LBG1.89 KM
Waterloo5598WAT1.98 KM
Blackfriars5112BFR2.14 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
11 Wollaston Close £ 150,0000.22 KM
7 Wollaston Close £ 297,5000.22 KM
28 Wollaston Close £ 175,0000.22 KM
26 Wollaston Close £ 305,0000.22 KM
5 Marlborough Close £ 390,0000.26 KM