£400,000

1 bed flat for sale

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Leasehold

£400,000

(£743/sq. ft)

1 bed flat for sale

West Block, Metro Central Heights, Elephant And Castle SE1

1 bed
1 bath
1 reception
538 sq. ft
EPC rating: D

Key Information

Tenure:
Leasehold (971 years)
Service charge:
£4,500 per year
Council tax band:
C
Ground rent:
£150
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Elephant & Castle 0 miles
  • Elephant & Castle 0.1 miles
  • St Jude's Church of England Primary School 0.2 miles
  • Charlotte Sharman Primary School 0.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Elephant and Castle and Kennington to find out more about the local area.

Features and description

  • Leasehold
  • 6.8% gross yield
  • Zone 1 location
  • Moments fromunderground and mainline stations
  • 538 Sq Ft
  • 24Hr Concierge
  • Excellent storage
  • Swimming pool, Jacuzzi, Gymnasium & Spa
  • 973 Year Lease
Double Glazing | Dual Aspect Open Plan | 5th Floor | 538 Sq Ft | One Bedroom | Separate Dinning and Reception Room | Balcony | 24Hr Concierge | Swimming Pool | Jacuzzi | Gym | Right to Park | Zone 1 Location

A well maintained 5th floor apartment measuring 538 Sq Ft features a bright and spacious reception with an East facing, dual aspect windows and open plan fitted kitchen, large master bedroom, spacious bathroom and built-in storage. The apartment further features a terrace which is rare for the building.

This fantastic investment opportunity is currently acheiving a 6.8% gross yield. The current owners were previously using the apartment as a two bedroom with a partition wall installed however they have since removed the wall in order to sell.

Metro Central Heights is a highly sought after development which benefits from communal gardens, which is great for resident's, gym, indoor swimming pool, Jacuzzi and a 24Hr concierge service.

The development is adjacent to Elephant and Castle station which serves both the Bakerloo and Northern lines making it an ideal location for professionals working in the city.

Metro Central Heights has great amenities and is located right on the doorstep of this new developments as well as the area undergoing a huge £1.3 billon regeneration project underway providing several new shops, restaurants and venues for the years to come.

Lease - 976 remaining
Service charge - £4500 per annum
Ground rent - £150 per annum<br /><br />

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  1. Zoopla
  2. For sale
  3. London
  4. South London
  5. Elephant and Castle
  6. Newington Causeway

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