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King & Queen Street, London

London

£300,000

Listed on 04/09/2026

The listing

Property details

Bedrooms
1
Type
Apartment
Area
427 sqft

Description

Located in the secure and well-maintained Gray House, this fourth-floor flat presents a unique opportunity for those looking to personalize their living space. With bright and spacious accommodation, it is ideally suited for first-time buyers, professionals, or investors. While the property has been well cared for over the years, it would benefit from some updating and modernisation, allowing the new owner to add their personal touch and potentially increase its value. Internally, the flat features a generous reception room, a well-proportioned bedroom, a separate kitchen with ample storage, a bathroom, and an additional WC. Built-in storage throughout adds to the practicality of the space. The building has seen improvements in communal areas, lighting, and security systems, enhancing the overall living experience. Perfectly positioned for commuters, the property is just a short distance from Elephant & Castle Station, offering excellent access to the Bakerloo and Northern lines as well as Thameslink services. Additionally, it is close to a variety of local amenities including East Street Market, Walworth Road, and Old Kent Road, providing a great selection of shops, cafés, and restaurants. With its generous proportions, excellent natural light, and strong transport connections, this apartment in Gray House is an exciting opportunity for buyers seeking a property they can truly make their own in a vibrant part of South London.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

52out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This fourth-floor flat in Gray House presents a solid opportunity for buyers seeking a project in a well-connected area of South London. The asking price of £300,000 is notably cheap compared to the local average of £785/sqf, making this an attractive entry point for first-time buyers, professionals, or investors looking to add value through refurbishment.

While the apartment is dated and shows general wear throughout, it offers a generous layout with a bright reception room, a well-sized bedroom, and a functional kitchen. The potential for modernisation means that savvy buyers can truly make this space their own. With strong transport links nearby and a vibrant local amenity scene, this property can be transformed into a desirable home with the right vision and investment. The manageable renovation range of £20,000 to £50,000 allows for a variety of updates to enhance both comfort and value.

Key opportunities

  • Cheap asking price compared to local market, making it an attractive buy.
  • Generous layout with good natural light, ideal for modernisation.
  • Strong transport links and local amenities enhance the property's appeal.

Key risks

None recorded.

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Map

Location

King & Queen Street, London
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,133
Based on a loan of £225,000 over 30 years at 4.45% 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.

Tax

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Indicative tax based on the asking price and the options you select.

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