142 Newington Butts, London Borough of Southwark, London, SE11

Freehold block of flats in the heart of Elephant and Castle for sale.

The property comprises 3 x residential flats (2 x 1 bed flats and a 2 bed flat.
 
The properties are currently tenanted and produce £73,788 per annum but can be sold with vacant possession.

The living rooms in both the one bedroom flats have been converted into ensuite rooms to cater for the business and student market.

The property is situated only 10 minutes walk from Elephant and Castle Under Ground Station (zone 2).
 
The flats are worth in the region of £1,350,000.The vendors are open to accepting offers in the region of £895,000.
Located in the vibrant Newington Butts area of SE11, this property offers excellent access to a variety of local amenities and renowned universities, making it an ideal investment opportunity. Just a short walk away, you'll find Kennington Underground Station (0.3 miles), providing quick links to central London, and Elephant & Castle Station (0.4 miles), offering both underground and national rail services. Nearby, Crampton Primary School (0.2 miles) and Archbishop Sumner Church of England Primary School (0.2 miles) offer top-rated education, while several other schools and colleges are within close proximity. The property is also just a stone's throw from Kennington Park (0.3 miles), offering green space for recreation, and local supermarkets like Tesco (0.2 miles) and Sainsbury’s (0.4 miles) for convenience. For those looking for higher education, King’s College London and London South Bank University are both easily accessible, making this area particularly attractive to students. With its combination of prime location, local amenities, and university proximity, this property represents an exceptional opportunity for investors seeking a high-demand, rental-friendly area.