All investment areas

Property investment stats for Waterloo, South East London

A complete guide to property investment in Waterloo.

Last updated: 18 September 2025

Investment summary

Waterloo’s property market is shaped by its central location and a strong presence of young professionals and students. The area stands out for its high proportion of private renters and a very small share of owner-occupiers, which is typical for this part of London. Affordability is a challenge, with the price-to-income ratio at 9.8 and the rent-to-income ratio at 59.8%. Rental yields are relatively robust for London, coming in at 5.1%, and the top-performing district reaches 5.3%.

Sales volumes are modest, with 166 annual transactions and properties typically spending 52 days on the market — suggesting reasonable liquidity for central London. However, capital growth has changed by -13.0% over one year and by -7.6% over three years, which tempers expectations for short-term price appreciation.

Image of Waterloo, South East London

Key investment stats for Waterloo

Median price per sq ft

£919 / sq ft

Average rental yield

5.1%

Capital growth (1y)

-13.0%

Sales in past year

166

* Property stats calculated for last full calendar year (2024).

Live property stats in Waterloo

Live prices in Waterloo, South East London

* Extreme prices clipped for legibility

Properties for sale

Median price

£875,000

25% of properties below...

£650,000

75% of properties below...

£1,430,000

Most expensive property

£11,250,000

Live listings

305

Median days on market

52

Should you invest in Waterloo?

Opportunities

  • Rental yields are relatively strong for central London, with an average of 5.1% and the top district achieving 5.3%.
  • Demand from young professionals and students is high, as shown by the population being in the 99th percentile for both students and people aged 20-30, supporting the private rental sector.
  • Properties are spending an average of 52 days on the market, indicating that liquidity is decent for sellers and investors looking to exit.

Risks

  • Capital values have changed by -13.0% over the past year and by -7.6% over three years, suggesting weak recent price growth.
  • Affordability is stretched, with a price-to-income ratio of 9.8 and a rent-to-income ratio of 59.8%, which may limit future upside or increase tenant turnover.
  • The high proportion of social rented and private rented housing (both in the 90th percentile or above) could mean greater competition for landlords and less stability for long-term owner-occupiers.

Outlook

Given the high concentration of renters and the area’s appeal to young professionals and students, I expect rental demand in Waterloo to remain solid. Rental yields at 5.1% are likely to continue to attract investor interest, especially as the top district yield is 5.3%. However, the recent changes in capital growth — -13.0% over one year and -7.6% over three years — suggest that price appreciation will be slow in the near term.

Liquidity should remain reasonable, with properties typically taking 52 days to sell. While affordability pressures are high, these are normal for central London and are balanced by the area’s long-term stability and rental resilience. Investors should approach Waterloo with realistic expectations about capital growth but can take comfort in the steady rental market.

Live properties in Waterloo

Investment properties in Waterloo, South East 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 Waterloo, South East London
Needs Refurb
2 bedroom apartment for sale
On market for 180 days

£745,000 - Guide Price

2 bedroom apartment for sale

Pocock Street, London, SE1 0FU

Slow to sell properties in Waterloo, South East 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 Waterloo, South East 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 Waterloo, South East London
Low Price per Sq Ft

Achieved vs asking prices

Key takeaway: Buyer's market

The gap between asking and achieved creates room for disciplined offers.

Headline stats

• Median discount: £22,000

• 1 in 4 properties sell at > £32,500 below asking

• 1 in 10 properties sell at > £83,200 below asking

In percentage terms:

• Median discount of 3.0%

• 25% of properties discounted by > 5.4%

• 10% of properties discounted by > 8.3%

Best places to invest in Waterloo

Top postcodes for rental yield and (annualised) capital growth

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

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.