Initial price	£550,000
20/06/24	£535,000
Price Change	-2.73%

The property in question is a stylish one-bedroom apartment located in the sought-after Elephant Park development in Baldwin Point, Southwark. It boasts a reception room with attractive wood flooring, an open-plan kitchen equipped with modern fixtures and fittings, and floor-to-ceiling windows that offer abundant natural light and a private balcony. The bedroom is a decent size and comes with built-in storage, while the contemporary bathroom is fitted with smart fixtures. Residents of this development benefit from a comprehensive range of amenities, including a 24-hour concierge, a gym, a communal garden, a café, a crèche, a residents’ projector room, and a rooftop space for urban gardening or relaxation. The apartment is situated within walking distance of the upcoming Elephant and Castle Shopping Centre, set to open in 2025, and is close to a variety of restaurants, cafes, and other local amenities. Transport links are excellent, with Elephant & Castle National Rail and Underground stations approximately half a mile away, offering services that connect to the City, West End, and beyond. The property is well-served by the Thameslink, Southeastern, Bakerloo, and Northern lines, with Liverpool Street reachable in just 12 minutes via the Northern line. The leasehold property has 241 years remaining on the lease, with a ground rent of £400 per annum and a service charge of £4,802.14 per year. The ground rent and service charge are subject to review, with the next reviews due for the ground rent and service charge to be confirmed and for the council tax band to be D. The managing agent is Savills, and the property is within the Southwark council area. With a tax band of D, the apartment is a fantastic opportunity for those looking for a modern, well-connected home in a vibrant area of London.