1 bed Flat For Sale £375,000
The Victory, Elephant and Castle, London SE17

*OPEN HOUSE 24TH JUNE 2023 - 11AM* Modern, one bedroom property forming part of a Victorian pub conversion located in a quiet residential neighbourhood on the corner of Barlow Street and Catesby Street, SE17. This ground floor property benefits from high ceilings and has a long hallway from which all principal rooms are accessed. There is a light and well-proportioned living room, a double bedroom, separate modern kitchen and stylish bathroom. The well-proportioned living area features a modern, open-plan, fully integrated kitchen featuring high gloss units, quartz worktops and light wood effect flooring. Gas central heating runs throughout the property.

The Victory is situated at the junction of Barlow Street and Catesby Street, a 10-mins walk to all the amenities of the vibrant Elephant and Castle centre. Excellently located with access to a walking path connecting Burgess Park to the South with the Elephant Park development to the North.

Externally, The Victory retains many of its Victorian features (built approx. 1852), while internally it has been updated to smart, modern living standards. The Victory’s eye-catching exterior is still intact although the carved wooden panels, decorative glasswork and oversized hanging lamps that used to cover the ground floor external walls have all disappeared over the time. The Victory is named in commemoration of the Battle of Trafalgar of 21 Oct 1805 and the ship HMS Victory, which was under the command of Admiral Lord Nelson. Lord Nelson was honoured locally in the SE17 with the Lord Nelson pub, the Nelson and the Victory schools and Trafalgar Street.

Tenure: Leasehold
Lease Term: 125 years (from 2019)
Ground Rent: £375 p.a.
GR Review Period: 10 year review 2029
Annual Service Charge: £1,297 p.a. (2022-23)
Sink / Reserve fund: £1000 for building (this flat contributes 8.1%)
Council Tax Band C
Freeholder: RG Capital Partners Ltd.
Residents’ Management Company: The Victory (London) RTM Company Ltd.
*Basement storage area for each flat