A complete guide to property investment in South Bank.
Last updated: 18 September 2025
South Bank stands out for its high density of young professionals, students and degree-educated residents, with the area sitting in the 99th percentile for both professionals and students. The local housing stock is overwhelmingly private rented, in the 99th percentile for Britain, while owner-occupation is rare. Affordability is stretched by London standards, with a price-to-income ratio of 10.4 and a rent-to-income ratio of 57.5%. The median price per square foot is £963 per sq ft, pointing to a premium location, and rental yields are a respectable 4.9%. However, capital growth has changed by -3.9% over the past year and by -3.2% over three years, so investors should be mindful of the recent trend.
Median price per sq ft
£963 / sq ft
Average rental yield
4.9%
Capital growth (1y)
-3.9%
Sales in past year
152
* Property stats calculated for last full calendar year (2024).
Live prices in South Bank, London
* Extreme prices clipped for legibility
Median price
£900,000
25% of properties below...
£697,250
75% of properties below...
£1,800,000
Most expensive property
£11,250,000
Live listings
295
Median days on market
76
The outlook for South Bank remains stable, underpinned by a large base of renters in the 99th percentile for private renting and a constant influx of students and young professionals. While capital growth has not been positive in recent years, the area’s appeal for tenants ensures steady rental demand and supports the current yield of 4.9%.
Asking prices for a three-bedroom house are at £1,799,998 and for a two-bedroom flat at £1,225,000, reflecting the premium nature of the area. Rents are also high, with a median of £19,933 for a house and £4,575 for a flat, so investors focused on income rather than capital appreciation may find South Bank appealing. The lack of families and owner-occupiers suggests this is not an area for those seeking long-term stability through owner-occupation, but for landlords, the fundamentals remain attractive. Over the next year, I expect the area to continue offering reliable rental income, with any capital growth likely to be modest at best.
Average yield (%)
* 2025 data for YTD
Median price per sq ft (£/sq ft)
* 2025 data for YTD
Investment properties in South Bank, London
£700,000 - Offers in Excess of
2 bedroom apartment for sale
Upper Ground, London, SE1
£400,000 - Offers in Excess of
Studio apartment for sale
Boss House, 2 Boss Street, London, ...
£50,000 - Offers in Excess of
Parking for sale
Hopton Street, Southwark, London, S...
£675,000
2 bedroom flat for sale
Upper Ground, River Court, SE1
Typical discounts are limited but real — expect to achieve a reduction off asking.
• Median discount: £13,750
• 1 in 4 properties sell at > £40,625 below asking
• 1 in 10 properties sell at > £56,500 below asking
In percentage terms:
• Median discount of 2.4%
• 25% of properties discounted by > 5.3%
• 10% of properties discounted by > 7.8%
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.