Southwark Bridge Road, Elephant and Castle, London, SE1
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Southwark Bridge Road, Elephant and Castle, London, SE1

By Foxtons

£ 449,950

Reviews

2 out of 5 stars

Foxtons says ..

Set on the 14th floor, this studio flat boasts stunning interiors including a large studio room, a contemporary open-plan kitchen and a sleek bathroom.

Property Oracle says ..

This studio apartment in Elephant and Castle, London, presents a mixed bag of pros and cons. Its central location and proximity to transport links such as Elephant and Castle station are significant advantages for commuters and those seeking urban convenience. The flat is situated in a modern building, as indicated by the building exterior photo. The internal photos show a modern kitchen and bathroom in good condition. However, the living area shows minimal furnishing and a simple, somewhat worn look. There’s no mention of included furnishings so further information is required here. The lack of outdoor space is a significant drawback, typical of many studio apartments, and the property description and images do not indicate a balcony, terrace or winter garden.

The price of £449,950 appears reasonable, considering recent comparable studio sales in the same building and surrounding area, though not particularly outstanding value in the London market. Further investigation is needed to compare against the prevailing market price per square foot. Prospective buyers should weigh the location advantages against the lack of outdoor space and the need for potential improvements, and should conduct their own detailed inspection to ascertain the true condition of the property. The agent description of the property must be checked for accuracy and the legal documents for any leasehold information. The property is located close to several universities including London South Bank University which makes it particularly attractive to students, or those who may wish to rent out the property in the future.

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
7
Condition
6
Location
7
Land
1
Bedrooms
0
Bathrooms
1
Sqft (est)
418.72

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
540,000.00 £
Decreased by 22.22 %
from 694,263.00 £
Est sale value
321,158.24 £
Increased by 11.00 %
from 289,335.52 £
Average area rental value
2,567.00 £/mo
Increased by 12.15 %
from 2,289.00 £/mo
Est letting value
1,256.16 £/mo
Increased by 50.00 %
from 837.44 £/mo
Est rental Yield
5.70 %
Increased by 43.94 %
from 3.96 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Foxtons created the listing.

Nearby Schools

NameTypeOfstedDistance
London South Bank UniversityHigher Education InstitutionsGood0.26 KM
London College Of Printing & Distributive TradesMiscellaneous0.34 KM
The Autism Project - CaretradeSpecial Post 16 InstitutionRequires improvement0.53 KM
Haberdashers' Aske'S Borough AcademyFree Schools0.57 KM
Charles Dickens Primary SchoolAcademy Converter0.57 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Newington Causeway £ 000.00 KM
Newington Causeway £ 000.00 KM
Pastor Street £ 000.00 KM
Elephant and Castle £ 000.00 KM
Silex Street £ 599,99500.00 KM

Nearby Transport

NameNLCTLCDistance
Elephant And Castle5246EPH0.36 KM
Waterloo East5158WAE1.28 KM
Waterloo5598WAT1.63 KM
Blackfriars5112BFR1.69 KM
London Bridge5148LBG1.75 KM

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