The first new homes in the regeneration of Elephant & Castle in Central London will go on sale to the general public next week.

One The Elephant – located in zone 1 of the London Underground - will provide 284 new homes ranging from studios to three-bedroom apartments in a landmark 37-storey tower and four-storey pavilion. Prices for the first release start from £320,000 for a one-bedroom apartment.

The development is being delivered by Lend Lease, the leading international property and infrastructure group, which has a 50-year track record of building high-profile residential developments across the world.

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Mark Dickinson, Managing Director of Lend Lease's development business, said: "One The Elephant will be a spectacular landmark and the first major building block in the transformation of this quarter of Central London into a vibrant and exceptionally well-connected residential area.

"Every home at One The Elephant will feature at least one private terrace or balcony. Many will enjoy commanding views over the London skyline including the Houses of Parliament, St Paul’s Cathedral and Canary Wharf. The apartment layouts will include open plan kitchens and living areas which optimise the views, space, natural light and ventilation.

"All 284 apartments will meet Code for Sustainable Homes Level 4. They will be 30 per cent more energy efficient than current regulations require and 30 per cent more water efficient than the current average."

(CD/GK)