Not only has it been designated by London Mayor Boris Johnson as a new “Opportunity Area” — making it a focus for regeneration — but a proposed extension of the Bakerloo line from Elephant & Castle to suburban south-east London would further boost this Tube-starved spot, so close to the West End it gets into the large-print pages of the A-Z.
Chevron Apartments comprises 37 loft-style flats behind a Fifties factory façade with a double-height entrance foyer created from the original loading bays. A warm-brick warehouse-style extension at the rear links with a landscaped cobbled courtyard. The legacy of industry means this is a raw rather than refined location now, but it is one for the future.
Prices from £249,950 for a studio. Two-bedroom homes start from under £450,000. Call Stirling Ackroyd on 020 7749 3810.