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1511952-3-1a0396b...
For saleReduced 12 Oct 2026
£280,000Offers over

King & Queen Street, London, SE17 1DT

1bedroom
1bathroom
Apartmenttype
Leaseholdtenure

Listed 4 Sept 2026 · price reduced 12 Oct 2026 · Southwark

How the price compares

This home£280,000
Median 1 bed in SE17£300k8 homes listed · £808 per sq ft
Difference-7%below the area median

Key features

  • Fourth-floor apartment in Gray House
  • Bright and spacious accommodation
  • Well-sized bedroom and reception room
  • Separate kitchen, bathroom and WC
  • No onward chain
  • Requires some updating and modernisation
  • Excellent South London location
  • Motivated seller

About this home

Set within the secure and well-maintained Gray House, this fourth-floor apartment offers spacious and bright accommodation with excellent potential for someone looking to put their own stamp on a property. Ideally suited to first-time buyers, professionals, or investors, the apartment would benefit from some updating and modernisation, making it an exciting opportunity for those looking for a home with scope to improve.

Perfectly positioned for commuters, the property is within easy reach of Elephant & Castle Station, providing excellent access to the Bakerloo and Northern lines, as well as Thameslink services.

Internally, the property comprises a spacious reception room, a well-proportioned bedroom, a separate kitchen with useful storage, a bathroom, and a separate WC. The apartment benefits from additional built-in storage, offering plenty of practical space.

The property has been well cared for over the years but would now benefit from some love, attention and general refurbishment. This provides an excellent opportunity for a new owner to modernise the apartment to their own taste and potentially add value.

The building has also benefited from improvements to communal areas, lighting and security systems.

Ideally located close to a wide range of local amenities, the property is within easy reach of East Street Market, Walworth Road, Elephant & Castle and Old Kent Road, offering a great selection of shops, cafés, restaurants and everyday conveniences.

Offering generous proportions, excellent natural light, strong transport connections and plenty of scope for improvement, this fourth-floor apartment in Gray House presents an excellent opportunity for buyers seeking a property they can make their own in a vibrant and well-connected part of South London.

Tenure - Leasehold

Leasehold - 125 years from 9th May 2005 (104 years remaining) Service Charge - £1,296 PA Ground Rent - £10 Southwark Council - Council Tax Band - A Energy Efficiency Rating - D

Property details

Property type
Apartment
Council tax band
A
Tenure
Leasehold
Lease remaining
103 years left
Ground rent
£10 per year (Ask agent about the review period)
Service charge
£1,296 per year

Floorplan

Floorplan

Location

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  • Elephant & Castle Station0.5 mi
  • Elephant & Castle (Northern) Station0.5 mi
  • Kennington Station0.5 mi

What nearby homes sold for

Median sold prices in SE17 over the last 12 months: flat £440k · terraced £812k.

AddressTypeSoldPrice
Flat 27, Gray House, King & Queen Street
London SE17 1DT
Flat
Leasehold
1 Aug 2025£325,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in SE17

Buying costs

Monthly repayment£1,401£28,000 deposit · £252,000 loan
Stamp Duty£4,000England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Acorn, Kennington on Rightmove (original listing). First listed 4 Sept 2026; details checked 7 Nov 2026. Latest change: reduced on 12/10/2026.

Agent disclaimer

Disclaimer - Property reference KNN260015. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Acorn, Kennington. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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