2 bedroom flat for sale

One The Elephant, Elephant & Castle, London

£770,000

Property Description

Key features

  • 2 bed/1bath in One The Elephant
  • Large 704sq.ft apartment on 22nd floor
  • Close to Elephant & Castle station
  • 24-hour concierge & function room
  • Residents garden
  • Bicycle space included
  • Modern leisure centre nearby
  • Completion late 2016

Full description

One The Elephant is based in Elephant & Castle, a London zone 1 location. The developer is Lend Lease, which is well-regarded. The 2-bedroom apartment is situated on the 22nd floor, 704 sqft net internal area. Facilities include a 24-hour concierge, reading garden, function room and an under-5's play area. Leasehold is 250 years from 2013. Completion late 2016.

Comprising an elegant 37 storey tower and four storey pavilion, One The Elephant will provide a quality outside space for every home and stunning views of London. It will also become a new focal point for the heart of Elephant & Castle, alongside a treasured local park and new public leisure centre (to be built by Southwark Council by late 2014).

If you need further information about the apartment, development or surrounding area please see the floor plans and brochure or alternatively visit the developments website at:onetheelephant.com/one-the-elephant/the-development

This is an opportunity to purchase the pre-exchanged contract of an off plan property for a lower than market value.

This is a contract sale so the seller is selling their contract on a property that is not yet completed. The property is currently valued at more than £780,000 (once completed), and the asking price for the contracts is £770,000.

1) Agreed Price £770,000
2) Deposit on exchange of £370,000
3) Balance to the developer on completion of £400,000

Once the property has been completed you will be obligated to complete the purchase of the contract from the developer at the sum of £770,000. If you are looking to raise a mortgage for the purchase, please ensure you satisfy yourself with regards the availability of finance on completion as you may be contractually liable to complete BEFORE applying for finance.

Ideally you will be a full cash buyer, or if you need a mortgage, then you will need to have a bigger deposit than usual (usually around 30% and above) in order to purchase the property.


More information from this agent

Listing History

Added on Rightmove:
23 October 2016

Nearest stations

  • Elephant & Castle (0.1 mi)
  • Elephant & Castle (Northern) (0.1 mi)
  • Elephant & Castle (Bakerloo) (0.1 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

BuyLondonFlat.com, Middlesex

131-151 Great Titchfield Street, Lodnon, England, W1W 5BB

020 8012 5383 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans

View in fullscreen
Screen Shot 2015-12-
Screen Shot 2015-12-

To view this property or request more details, contact:

BuyLondonFlat.com, Middlesex

131-151 Great Titchfield Street, Lodnon, England, W1W 5BB

020 8012 5383 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Elephant & Castle (0.1 mi)
  • Elephant & Castle (Northern) (0.1 mi)
  • Elephant & Castle (Bakerloo) (0.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

BuyLondonFlat.com, Middlesex

131-151 Great Titchfield Street, Lodnon, England, W1W 5BB

020 8012 5383 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 26586813. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BuyLondonFlat.com, Middlesex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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