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Property investment stats for South Bank, London

A complete guide to property investment in South Bank.

Last updated: 18 September 2025

Investment summary

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.

Image of South Bank, London

Key investment stats for South Bank

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 property stats in South Bank

Live prices in South Bank, London

* Extreme prices clipped for legibility

Properties for sale

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

Should you invest in South Bank?

Opportunities

  • Rental yields are relatively strong for London, with the top postcode district offering yields of 5.3%.
  • The extremely high concentration of young professionals and students drives consistent rental demand, reducing the risk of long void periods.
  • Liquidity is reasonable, with properties spending an average of 76 days on the market and annual sales at 152.

Risks

  • Capital values have changed by -3.9% over the past year and by -3.2% over three years, suggesting limited short-term price growth.
  • Affordability is stretched, with a price-to-income ratio of 10.4 and a rent-to-income ratio of 57.5%, which may limit future upside.
  • Achieved prices are on average £13,750 (the typical achieved discount) below asking, indicating buyers have room to negotiate.

Outlook

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.

Live properties in South Bank

Investment properties in South Bank, London

2 bedroom apartment for sale
30% below median price

£700,000 - Offers in Excess of

2 bedroom apartment for sale

Upper Ground, London, SE1

Properties needing refurbishment in South Bank, London
Needs Refurb
Studio apartment for sale
On market for 176 days

£400,000 - Offers in Excess of

Studio apartment for sale

Boss House, 2 Boss Street, London, ...

Slow to sell properties in South Bank, London
Slow to Sell
Parking for sale
Reduced by 17%

£50,000 - Offers in Excess of

Parking for sale

Hopton Street, Southwark, London, S...

Big price drop properties in South Bank, London
Big Price Drop
2 bedroom flat for sale
32% below median price

£675,000

2 bedroom flat for sale

Upper Ground, River Court, SE1

Low price-per-sq-ft properties in South Bank, London
Low Price per Sq Ft

Achieved vs asking prices

Key takeaway: Balanced market

Typical discounts are limited but real — expect to achieve a reduction off asking.

Headline stats

• 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%

Best places to invest in South Bank

Top postcodes for rental yield and (annualised) capital growth

Rank
Postcode
Yield
Capital growth
Median £/sq ft
1SE15.3%-2.0%£846 / sq ft
2WC2R3.1%--
3EC4R---

Data sources

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.