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St George's Court, Elephant and Castle, London

London

£375,000
Listed on 02/03/2026

Property Details

Bedrooms
2
Type
Flat
Area
506 sqft

Description

This two-bedroom flat, located on the second floor of a well-kept private building in Elephant and Castle, presents a promising opportunity for those interested in a renovation project. The property is in need of comprehensive modernization, making it ideal for investors or homeowners eager to personalize their living space. Featuring two generously sized bedrooms, a separate lounge area, a kitchen, and a bathroom, this apartment benefits from ample natural light due to its good-sized windows. The existing layout is functional and offers considerable potential for updates that can be tailored to individual preferences. Situated just a short stroll from Elephant and Castle station, residents have excellent access to both the Northern and Bakerloo lines along with National Rail services and numerous bus routes. The surrounding area boasts a variety of shops, cafés, and local amenities, enhancing the appeal of this centrally located property. The flat is being sold with vacant possession. Please reach out for more information regarding this opportunity. Additional details include: Length of Lease - 150 years from February 2026; Service charge - approximately £2276 per annum; Ground rent - £0.

Investment Analysis

(SE1 area)

Below Market Value

This property is priced -18.2% below area average per sq ft

-18.2%
Potential saving
This Property
£741/sq ft
Area Average
£906/sq ft
Avg Rent (weekly)
£624
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£504,335
10% above area average per sq ft
Potential ROI
+21.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (SE1)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -10.1%
5 year growth: -28.3%
Investment Disclaimer: Analysis based on SE1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

St George's Court, Elephant and Castle, London
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,352
Based on a loan of £281,250 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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