£137,500
2 bed flat for saleArum House, Rodney Road, Elephant & Castle SE17
2 beds
1 bath
1 reception
- Shared ownership
- Leasehold
L&Q - Pre Owned Shared Ownership Homes
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About this property
Exceleent transport links
24hr concierge service with ParcelSafe system
Communal gym
Rooftop grow garden
Secure bike storage
Utility cupboard with Bosch washer/dryer
Shared ownership
Full Market Value: £550,000
Share Value (25%): £137,500
Monthly Rent: £750.22
Service Charge: £616.50 - paid direct to savills
Council Tax Band: E
125 year lease commenced December 2015 - 116 years remaining
EWS1 certification is available for this property - B1 Rating
This bright and spacious two bedroom apartment consists of a stylish open-plan dual aspect kitchen and living area, flooded with natural light from wide floor-length windows and door leading to private east facing balcony with uninterrupted London skyline views. The kitchen is fitted with matt beige wall and base units, with under-cupboard lighting, and a white stone effect worktops. The kitchen also benefits from integrated Bosch appliances including a fridge freezer, oven, induction hob, extractor fan and dishwasher. Each of the east facing double bedrooms has floor to ceiling windows. The bathroom comes complete with a white three-piece suite with a shower over bath and a tile surround and heated towel rail. There are additional storage cupboards in the hallway.
The apartment is close to the very popular Sayer Street with its great cafes and restaurants. The 'almost complete' plans for Elephant & Castle span over 11 acres of new public spaces including, a new community garden, five public squares and central London's largest new park in 70 years. Additionally, you can can enjoy the green spaces of the Victory Community Park and the Imperial War Museum park.
Transport Links are provided by Elephant & Castle station (Northern Line, Bakerloo line extension and overground service including trains to Luton airport) along with a multitude of bus routes into the city. It's just a short walk to Tower Bridge, the London Eye, Big Ben and London Bridge.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £72,619. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of March 2026.
Local Area Information
The apartment is close to the very popular Sayer Street with its great cafes and restaurants. The 'almost complete' plans for Elephant & Castle span over 11 acres of new public spaces including, a new community garden, five public squares and central London's largest new park in 70 years. Additionally, you can can enjoy the green spaces of the Victory Community Park and the Imperial War Museum park.
Transport Links are provided by Elephant & Castle station (Northern Line, Bakerloo line extension and overground service including trains to Luton airport) along with a multitude of bus routes into the city. It's just a short walk to Tower Bridge, the London Eye, Big Ben and London Bridge.
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More information
Tenure
Leasehold (115 years)
Service charge
£617 per month
Council tax band
E
Ground rent
Ground rent date of next review