2 bed flat for sale

Bath Terrace, London SE1

Rankine House, Bath Terrace, SE1 Investment opportunity- Tenanted Until June 2027

A well-proportioned two double bedroom top floor apartment, quietly positioned within Rankine House and overlooking communal gardens, ideally located moments from Elephant & Castle.

The property comprises a bright separate reception room with elevated garden views, a fitted kitchen, two generous double bedrooms, a bathroom and a separate WC. The layout offers practical separation between living and sleeping accommodation, making it particularly well suited to professional sharers and long-term tenants.

Rankine House benefits from secure entry and residents’ permit parking (subject to local authority approval). Tucked back from Bath Terrace, the development provides a notably quiet residential setting while remaining within easy reach of central London.

The property is situated less than 400 metres from Elephant & Castle station, offering Northern and Bakerloo line Underground services, Thameslink and National Rail connections. A wide range of amenities are close by, including the popular Mercato Metropolitano, supermarkets, cafés and restaurants.

The flat is currently let until June 2027, presenting a strong turnkey investment opportunity.

Early viewing is recommended.

Material Information (Part A)

Asking Price: £370,000 Tenure: Leasehold Lease Term: 125 years from 10 June 1991 Lease Expiry: 9 June 2116 Lease Remaining (as at 19 February 2026): Approximately 90 years Ground Rent: £10 per annum Service Charge: £1,972 per annum Council Tax Band: C Local Authority: London Borough of Southwark