‘Chance’ to Buy Flat on Monopoly’s Old Kent Road in Bond Wolfe’s July Auction

A rare opportunity to own a slice of London with a touch of board game history is set to attract keen bidders at Bond Wolfe’s next auction on Thursday 10 July.

Flat 4a, Royal London Buildings, sits on the iconic Old Kent Road (the very first property square on the classic Monopoly board) and comes with a guide price of just £195,000+.

The first-floor leasehold apartment is located in a striking Victorian building in the London Borough of Southwark, south of the River Thames. The property is part of a historic structure once used by the Royal London Friendly Society, providing offices and flats originally built for its insurance salesmen.

Gurpreet Bassi, chief executive of Bond Wolfe, said:

“This is a fantastic opportunity to invest in a London address that’s not only iconic for its Monopoly reference but also sits within a major regeneration zone.

“Old Kent Road is undergoing significant redevelopment, so this flat represents an exciting and affordable entry point for investors or homebuyers looking to secure a property in the capital at well below typical market values.”

The leasehold flat includes a communal entrance, hallway, reception room (potentially used as a second bedroom), kitchen, one main bedroom, and a bathroom, with gas central heating installed.

The lease has approximately 88 years remaining from a 125-year term that began in September 1988, with a ground rent of around £50 per annum.

Mr Bassi added:

“We anticipate strong interest in this lot, not only due to its location and historical charm but also because of the relatively low guide price.

“Offers above the guide may be considered before auction, although we advise prospective bidders that internal inspection has not yet been possible, and therefore accommodation details are subject to confirmation.”

The Old Kent Road flat is one of nearly 200 properties going under the hammer in Bond Wolfe’s next live-streamed auction, starting at 8:30am on Thursday 10 July.

Bidding is available remotely by proxy, telephone or internet.

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📧 Email: [email protected]
📞 Call: 0121 312 1212

Each property is subject to a reserve price which may be different from the guide price. Please refer to the Important Information and legal pack(s) for further details and any additional fees which may apply.