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2 bed flat for sale Newington Causeway, Elephant & Castle, SE1

Asking price
£425,000
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Added on 29/09/2026

Type
Flat
Bedrooms
2
Bathrooms
2
Size
£698 per sq ft
Tenure
Leasehold
969 years left(from the agent's description)
Ground rent £200 a year(from the agent's description) Council tax Band D £1,967 a year

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

Highlights

From the agent's description

  • Off-street parking
  • Communal gardens
  • 24-hour concierge
  • Residents' gym
  • Residents' pool
  • Open-plan kitchen
  • 969 years left on the lease

About this property

A highly attractive, west-facing apartment with an open plan living room and kitchen, two good-sized double bedrooms, ample built-in storage, and two bathrooms. Off-street parking, 24hr concierge, communal courtyard, residents' gym & swimming pool.

Elephant & Castle station offers superb links into the City via the Bakerloo and Northern lines, with London Bridge station and Waterloo station just one stop away. The area blends classic South London character with a vibrant mix of cafés, bars, restaurants and street food spots around Elephant Park and the nearby arches. The South Bank's theatres, galleries and riverside attractions are also within easy reach.

Floorplan

Council tax

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

This home is in band D, which costs £1,967 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

Cheaper than 82% of the 2-bed flats for sale nearby right now.

This home, £425,000 Median £600,000 · £400,000 – £777,000
Per square foot
£698 9% under
2-bed flats nearby £764
Against sold prices
15% under
SE1 sold median £820 / sq ft, 1,276 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 SE1 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in SE1 →

Location

Newington Causeway, Elephant & Castle, SE1

Mortgage and stamp duty

Property price £425,000
£212k £638k
Deposit10% £43,000
£0 £425k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £382,000 mortgage. Most lenders would want a household income of about £85,000 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 177, Metro Central Heights, 119, Newington Causeway Flat / maisonetteMay 2026603 sq ft £625/sq ft£377,000
Apartment 154, Metro Central Heights, 119, Newington Causeway Flat / maisonetteMay 2026624 sq ft £641/sq ft£400,000
Apartment 185, Metro Central Heights, 119, Newington Causeway Flat / maisonetteMar 2025344 sq ft £726/sq ft£250,000
Apartment 164, Metro Central Heights, 119, Newington Causeway Flat / maisonetteDec 2024517 sq ft £939/sq ft£485,000
Apartment 161, Metro Central Heights, 119, Newington Causeway Flat / maisonetteMar 2023581 sq ft £740/sq ft£430,000
Apartment 155, Metro Central Heights, 119, Newington Causeway Flat / maisonetteJan 2022710 sq ft £662/sq ft£470,000
Apartment 174, Metro Central Heights, 119, Newington Causeway Flat / maisonetteDec 2021603 sq ft £688/sq ft£415,000
Apartment 176, Metro Central Heights, 119, Newington Causeway Flat / maisonetteOct 2021506 sq ft £694/sq ft£351,250

All sales on Newington Causeway → All sold prices in Southwark →

Area insights

The neighbourhood around this property.

Marketed by
Dexters, London Bridge Estate Agents
54 Borough High Street, London
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