Property investment stats for South Bank, London

• 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 97 days on the market and annual sales at 152.

• 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.

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 £1,775,000 and for a two-bedroom flat at £1,312,500, reflecting the premium nature of the area. Rents are also high, with a median of N/A for a house and £4,400 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.