Investment Properties: Newington Butts, Elephant & Castle, London SE11

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Newington Butts, Elephant & Castle, London SE11

  • Freehold, Zone 1 location
  • An unmodernised block of flats
  • Planning has been granted to add an additional floor and to convert into three self-contained residential units
  • The current NIA measures c.1,455 ft2
  • The proposed NIA measures c. 1,614 ft2
  • Party Wall Awards have been granted on both sides
  • Very low capital value (OIEO £495/ft2 based on the proposed NIA)