Metro Central Heights, 119 Newington Causeway, Elephant & Castle, SE1 6DX

  • Asking Price £465,000
Sold STC

Overview

  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 611
  • sqft
  • 3
  • Floor Level
  • Flat/Apartment
  • Property Type
  • NBC220409
  • Property Reference

Description

3D Virtual Viewing | Courtyard Facing | Dual Aspect | 3rd Floor | 611SqFt | Upgraded Kitchen | Right to Park | Modern Bathrooms | Double Bedrooms | Excellent Storage | Residents Gym | Swimming Pool | Laundry Room | 24 Hr Concierge | Excellent Transport Links | Chain Free | EWS Compliant

An upgraded two double bedroom apartment set within this popular portered development in Elephant and Castle, SE1.

This third-floor apartment overlooking the courtyard gardens has been upgraded by the current owner over recent years including a new contemporary fitted kitchen, new flooring throughout, and two new bathroom suites. The apartment also benefits from good storage and the right to park within the development.

Metro Central Heights is a highly sought-after development that benefits from a resident’s only gymnasium, indoor swimming pool, Jacuzzi, Steam Room, communal gardens, 24Hr concierge service and laundry room.

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. Fantastic investment opportunity with the property achieving £550 per week rental amount, giving a healthy gross yield of over 4..4%.

Various amenities are located right on the doorstep of this development as well as the area undergoing a huge regeneration project which is underway providing the building of 3,000 new homes, over 50 shops and restaurants and London’s largest new park for over 70 years, with new restaurants and venues for the years to come. Estimated £1.5 billion regeneration.

Transport connections from the development are excellent with Elephant and Castle tube ( Northern Line & Bakerloo Line) opposite as well as the Thameslink overground servicing Gatwick and Luton Airports

Tenure: Leasehold
Term: 999 Years from 1996
Rating Authority: Southwark
Band: B
Ground Rent: £200 per annum
Service Charge: £5492 per annum for 2022

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Description:

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Key Information

  • Ref: NBC220409
  • Type: Flat/Apartment
  • Availability: Sold STC
  • Bedrooms: 2
  • Bathrooms: 2
  • Council Tax Band: D
  • Tenure: Leasehold
  • Leasehold Remaining: 971 years
  • Ground Rent: £200.00
  • Service Charge: £5,492.00

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