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Building guide · Elephant & Castle · updated October 2026

Elephant Park: a guide to every phase

Elephant Park is Lendlease’s regeneration of the former Heygate Estate: about 3,200 homes around a new two-acre park, with the final phases finishing in 2026.

This guide lists every phase, what is in each, and what owners letting from abroad should know.

01 · The scheme

What Elephant Park is

Elephant Park is a £2.5 billion regeneration by Lendlease, working in partnership with Southwark Council (Lendlease).

Building started in 2013, and the scheme is planned to hold about 3,200 homes and more than 50 shops, cafés and restaurants.

At its centre is a two-acre park, now open.

Homes, approximately0
Scheme value£0.0bn
Central park0 acres
Shops, cafés and restaurants0+

Sources: Lendlease, 24 June 2025; Lendlease project page.

02 · Before

What it replaced

Elephant Park replaced the Heygate Estate: 1,214 council homes built in 1971–74 on a nine-hectare site and demolished between 2011 and 2014 (Wikipedia).

The scheme was contentious: critics pointed to the small number of social-rented homes compared with the estate it replaced, and to the price Southwark received for the land.

Negotiator's notes

Heygate Estate: 1,214 council homes, built 1971–74.

The same nine hectares

▍

Sources: Wikipedia, Heygate Estate; Lendlease.

03 · The phases

The phases and their size

These are the main residential phases, from the first to the last.

Highwood Gardens and Orchard Gardens are part of West Grove; Park & Sayer is also known as plot H7.

West Grove (incl. Highwood and Orchard Gardens)593 homes
Park & Sayer (H7)424 homes
South Gardens360 homes
One the Elephant284 homes
The Wilderly259 homes
Trafalgar Place235 homes

Sources: Elephant Park (West Grove), AFK (H7), RIBA (South Gardens), Wikipedia (One the Elephant), Lendlease (The Wilderly), dRMM (Trafalgar Place).

04 · How it was built

Thirteen years, phase by phase

Several phases won design awards; the last residential phase, The Wilderly on Rodney Road SE17, topped out in June 2025.

One plot, H1, was still awaiting development at the time of writing.

  1. 2013 · In force

    Construction starts

    Lendlease begins building on the former Heygate site.

  2. 2016 · In force

    Trafalgar Place and One the Elephant

    Trafalgar Place (dRMM, 25% affordable) is shortlisted for the RIBA Stirling Prize; One the Elephant completes.

  3. 2018 · In force

    South Gardens

    Maccreanor Lavington’s phase wins a RIBA London Award.

  4. 2024 · In force

    Park & Sayer

    Build-to-rent, affordable and private homes over Sayer Street shops.

  5. June 2025 · In force

    The Wilderly tops out

    The final residential phase, with Daiwa House.

  6. 2026 · Happening now

    Final phases complete

    Lendlease’s remaining parts are due to finish.

Sources: Lendlease, dRMM, RIBA, AFK, Elephant & Castle regeneration site.

05 · Build-to-rent

The rental blocks you compete with

Some Elephant Park blocks are owned by a single landlord and let directly.

Lendlease and CPP Investments built a portfolio of 904 rental homes here, and in June 2026 Greystar announced it was buying it (Yahoo Finance).

For an owner letting a single flat nearby, these blocks set tenants’ expectations on service and repairs.

904

01 / Rental homes

One build-to-rent portfolio

Park Central West, Park Central East, City Lights Point and Parkside.

2021

02 / First opened

Park Central West

With a gym, concierge and co-working space.

2026

03 / New owner

Greystar

Announced the purchase from CPP Investments and Lendlease in June 2026.

06 · Living there

Day to day at Elephant Park

The scheme spans SE17 and SE1, which matters for licensing checks.

Read the Elephant & Castle guide for transport, the town centre and local rules.

A two-acre park

At the centre of the scheme, now open.

07 · Letting from abroad

Letting an Elephant Park flat from Asia

If you bought at Elephant Park from Hong Kong, Singapore or Malaysia, your rent falls under the Non-Resident Landlord scheme unless you have NRL1 approval.

Most of SE17 is covered by Southwark’s selective licensing, so check whether your address needs a licence before you let (Southwark Council).

We are based in SE17 and let and manage flats across Elephant Park, in English, with Cantonese or Malay on request.

01

First

Licence check

Selective licensing covers most of SE17.

02

Then

Rental valuation

Against similar flats and the build-to-rent blocks.

03

Tenancy

Periodic, one month in advance

Under the Renters’ Rights Act since 1 May 2026.

04

Every quarter

NRL scheme

Tax deducted and paid, or rent paid gross once approved.

FAQ · Elephant Park

Questions, answered

What owners, buyers and parents abroad ask us first.

Elephant Park is Lendlease’s regeneration of the former Heygate Estate at Elephant & Castle, with about 3,200 homes around a two-acre park.

Lendlease, in partnership with Southwark Council.

About 3,200 when complete, according to Lendlease in June 2025.

Nearly. The Wilderly, the final residential phase, topped out in June 2025, and Lendlease’s remaining parts were due to complete in 2026.

Yes. Highwood Gardens is part of the West Grove phase, alongside Orchard Gardens.

Most of the scheme is in SE17, with some buildings in SE1.

Sources · every fact on this page

Where the facts come from

General information, not tax or legal advice. Rules change, so check the official source or a qualified adviser before you act.

Cantonese or Malay on request

Own a flat at Elephant Park? We are just round the corner.

A short call in English, or in Cantonese or Malay if you ask when you book. Tell us what you own or want to buy, and where you live, and we will tell you plainly what we would do.

01Pick a slot that suits your time zone

02Tell us about the flat or the plan

03We let and manage it, advise you, or introduce a partner we trust

Pick a day that suits

Book twenty minutes →

Opens our calendar to confirm a live slot.