Peabody Estate, Rodney Road, London... 1 bed apartment for sale

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Peabody Estate, Rodney Road, London... 1 bed apartment for sale

Peabody Estate, Rodney Road, London, SE17 1BT
£270,000

Our Summary

  • Renovated Second-Floor 1-Bed Flat in Elephant & Castle – Ideal First Home or Investment OpportunityGuide Price: £270,000 | Auction Sale | Leasehold | 48 sqmStep into city living with this bright and spacious one-bedroom flat in a prime Elephant & Castle location — offered with no onward chain and available via online auction

Description

This renovated one-bedroom flat is situated on the second floor of a well-maintained purpose-built block in the heart of Elephant & Castle, a prime location with easy access to the city, West End, and beyond. The property features a generous double bedroom, contemporary wood flooring, a fully fitted kitchen with integrated appliances, a sleek bathroom, and a bright and airy reception room perfect for relaxing or entertaining. With a 105-year lease remaining, the flat is currently tenanted at £1,600/month on a 2-year lease, generating an attractive gross rental yield of approx. 5.9%. This is a rare find in Zone 1, making it an ideal first home or investment opportunity for first-time buyers, investors, or anyone looking for a smartly located bolt-hole in a rapidly developing neighbourhood.