A complete guide to property investment in Old Kent Road Area.
Last updated: 18 September 2025
Old Kent Road stands out for its strong rental market, driven by a large student and young professional population. The area is defined by a mix of private and social rented housing, with owner-occupation unusually low even by London standards. Affordability is stretched, but that's typical for London, with a price-to-income ratio of 7.6 and a rent-to-income ratio of 44.7%. The median price per square foot is £618 per sq ft, and recent asking prices include £775,000 for a 3-bedroom house and £550,000 for a 2-bedroom flat.
Rental yields are a highlight, with a strong average of 6.2% and the top postcode district yielding 6.1%. However, capital growth has not kept pace, with 1-year growth at 0.5% and an annualised 3-year figure of -4.6%.
Median price per sq ft
£618 / sq ft
Average rental yield
6.2%
Capital growth (1y)
0.5%
Sales in past year
194
* Property stats calculated for last full calendar year (2024).
Live prices in Old Kent Road Area, London
* Extreme prices clipped for legibility
Median price
£475,000
25% of properties below...
£325,000
75% of properties below...
£649,984
Most expensive property
£2,000,000
Live listings
266
Median days on market
41
Looking ahead, Old Kent Road is likely to remain a magnet for renters, especially younger people and students, given its demographic profile and established rental market. The strong average rental yield of 6.2% should continue to appeal to income-focused investors, even if capital growth remains subdued.
There is little sign that affordability will improve significantly, given the price-to-income ratio of 7.6 and the rent-to-income ratio of 44.7%, but this is par for the course in this part of London. Liquidity looks solid, with a median days on market of 41 days and a steady flow of transactions (annual sales of 194).
For investors who value stable rental income over rapid capital gains, Old Kent Road offers a compelling case. The long-term appeal is underpinned by London's resilience and the area's strong rental fundamentals.
Average yield (%)
* 2025 data for YTD
Median price per sq ft (£/sq ft)
* 2025 data for YTD
Investment properties in Old Kent Road Area, London
£350,000 - Guide Price
3 bedroom apartment for sale
New Cross Road, London, SE14
£325,000
1 bedroom apartment for sale
Hillery Close, London
£200,000
Studio flat for sale
Oxley Close, Bermondsey
£350,000 - Offers in Excess of
2 bedroom flat for sale
Rowcross Street, Bermondsey, London...
Discounts exist, but they won't transform deal economics on their own.
• Median discount: £10,000
• 1 in 4 properties sell at > £17,500 below asking
• 1 in 10 properties sell at > £33,400 below asking
In percentage terms:
• Median discount of 2.0%
• 25% of properties discounted by > 3.9%
• 10% of properties discounted by > 5.8%
Top postcodes for rental yield and (annualised) capital growth
GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:
HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.
Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.
Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.
GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.
Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.
HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.
Data is updated continuously, matched across sources and rigorously validated.