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2 bed flat for sale Deacon Street, Southwark, SE17

Asking Price
£725,000
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Added on 15/09/2026

Type
Flat
Bedrooms
2
Bathrooms
2
Size
£842 per sq ft
Tenure
Ask agent
244 years left(from the agent's description)
Ground rent £500 a year(from the agent's description) Council tax Band E £2,404 a year

* From the agent's description. Check it with them before you rely on it.

Key features

  • Two Bedrooms
  • Two Bathrooms
  • 861 sq ft
  • Balcony
  • Sixth floor
  • Gym
  • Communal Gardens
  • 24-HR Concierge
  • Nearby new park
  • A stroll to Elephant & Castle Station

About this property

Residents benefit from excellent facilities including a gymnasium, communal gardens, secure cycle storage and a 24-hour concierge

There are modern amenities along the nearby Sayer Street including bars, cafés, and restaurants overlooking the new park.

The development is located close to Elephant and Castle National Rail and Underground stations, providing services to the City and West End. The stations are serviced by Thameslink, Southeastern, and Bakerloo and Northern Line trains.

Floorplan

Council tax

Band E £2,404 a year
Per year
  • Band A
    £1,312
  • Band B
    £1,530
  • Band C
    £1,749
  • Band D
    £1,967
  • Band E
    This home: £2,404
  • Band F
    £2,842
  • Band G
    £3,279
  • Band H
    £3,935

This home is in band E, which costs £2,404 a year in Southwark for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Southwark, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

100 comparables · within 0.5 miles

Priced above 85% of the 2-bed flats for sale nearby right now.

This home, £725,000 Median £592,500 · £373,500 – £750,000
Per square foot
£842 11% over
2-bed flats nearby £760
Against sold prices
17% over
SE17 sold median £719 / sq ft, 402 sales

Compared with 100 2-bed flats for sale within 0.5 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in SE17 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in SE17 →

Location

Deacon Street, Southwark, SE17

Mortgage and stamp duty

Property price £725,000
£362k £1.1m
Deposit10% £73,000
£0 £725k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £652,000 mortgage. Most lenders would want a household income of about £145,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
Apartment 306, Weymouth Building, 2, Deacon Street Flat / maisonetteDec 2025818 sq ft £581/sq ft£475,000
Apartment 407, Weymouth Building, 2, Deacon Street Flat / maisonetteDec 2025549 sq ft £911/sq ft£500,000
Apartment 703, Weymouth Building, 2, Deacon Street Flat / maisonetteApr 2023549 sq ft £883/sq ft£485,000
Apartment 604, Weymouth Building, 2, Deacon Street Flat / maisonette · new buildDec 2019850 sq ft £886/sq ft£752,988
Apartment 303, Weymouth Building, 2, Deacon Street Flat / maisonette · new buildSept 2019614 sq ft £945/sq ft£580,000
Apartment 705, Weymouth Building, 2, Deacon Street Flat / maisonette · new buildAug 2019657 sq ft £806/sq ft£529,150
Apartment 403, Weymouth Building, 2, Deacon Street Flat / maisonette · new buildAug 2019614 sq ft £954/sq ft£585,200
Apartment 404, Weymouth Building, 2, Deacon Street Flat / maisonette · new buildJul 2019614 sq ft £945/sq ft£580,000

All sold prices in Southwark →

Area insights

The neighbourhood around this property.

Marketed by
Chase Evans, Elephant & Castle
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