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Off-PlanLondon

Parkside Place, Elephant and Castle

24 Apartments in Zone 1, Moments From Elephant Park

Prices from£538,000
Deposit from£108k
StatusOff-Plan
Yield / noteZone 1, Q1 2027
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Parkside Place, Elephant and Castle

Overview

Parkside Place is a boutique collection of 24 apartments by Flagstone on Rodney Place at Elephant and Castle, moments from Elephant Park and inside London Zone 1. The City, the South Bank and the West End are all around 15 minutes away. Facilities are deliberately pared back to a lobby, post room, courtyard garden and cycle storage, which keeps the service charge down. Completion is estimated for Q1 2027.

Key details

  • One to three bedroom apartments from £538,000
  • 24 apartments only, Zone 1 address on Rodney Place
  • Lobby, post room, courtyard garden and cycle storage
  • 999 year lease, service charge £3.46 per sq ft
  • Reservation £5,000, 20% on exchange, 80% on completion
  • Completion estimated Q1 2027, April 2027 at the latest

Verta's expert insight

A Zone 1 postcode without a Zone 1 price is the pitch, and at this size the scheme can deliver it. Elephant and Castle has absorbed a decade of regeneration around Elephant Park and the shopping centre site, and Rodney Place sits inside that without being on the main road.

Twenty four units with no gym, no concierge and no pool is a deliberate choice and a sound one for an investor. At £3.46 per sq ft the service charge is roughly half what an amenity led London tower charges, and that difference goes straight to your net yield every year you hold it.

Nothing has sold from our allocation yet, so all 24 are available, and the one bedrooms at 450 to 516 sq ft are the ones that will go first. If you want the terrace units or the penthouse, those are the resale play rather than the yield play.

Prices shown are the lowest unit available on the developer's current release and change as units sell, so ask us for the latest availability list before you reserve.

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