Southwark’s Housing Market and Transport links

As a landlord, you’ll want to know everything you can about Southwark. One of the most important factors to consider is the local housing market. Whether you’re interested in buying a buy-to-let property or investing in a development, it’s important to understand the local housing market and the factors that drive it.

The Volume of Residential Properties

Southwark is a borough of London with a diverse range of residential properties, from small studios to large family homes. In terms of volume, Southwark has a higher number of 1 and 2 bedroom flats compared to the average in London. This is important to consider as it will affect the demand for different types of properties. For example, if you’re looking to rent out a 1 bedroom flat, you’ll have more competition in Southwark than in other areas of London. On the other hand, if you’re looking to rent out a 3 bedroom house, there is less competition.

Renter vs Owner-Occupier

When it comes to renting versus owner-occupier, Southwark has a higher percentage of properties that are rented compared to the average in London. This is important to consider as it will affect demand for properties, as well as the type of properties that are in demand. For example, if you’re looking to buy a buy-to-let property, you may want to consider investing in a 2 bedroom flat, as these are the most popular type of property for renters in Southwark.

Average House Price

The average house price in Southwark for a 1-bedroom house is £450,000, while a 2-bedroom house is £600,000 and a 3-bedroom house is £800,000. These figures are on par with the London average. 

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Age of Housing Stock

The age of the housing stock in Southwark is diverse, with a mix of older and newer properties. There are also several new build developments underway, including The Boulevard, The Goods Yard and The Biscuit Factory. These developments offer the opportunity to invest in brand new properties, which can be more attractive to renters and therefore have the potential for higher rental returns. For more information about major housing developments in Southwark, you can visit the Southwark Council website https://www.southwark.gov.uk/. This will give you all the information you need about local housing projects, as well as information about the local housing market and transport li

Transport Links

The London Underground is one of the main modes of transportation in Southwark, with several stations in the borough. Bermondsey station on the Jubilee line provides quick and easy access to the city centre, while Canada Water and Rotherhithe stations offer convenient access to other parts of London.

Overground services also run through Southwark, with Surrey Docks, Canada Water, and Rotherhithe stations providing connections to destinations such as Clapham Junction, Dalston Junction, and Shoreditch.

Bus services are also widely available in Southwark, with several bus routes running through the borough, providing connections to destinations such as the city centre, other parts of London, and beyond.

Southwark is also served by several cycle routes, including the London Cycle Superhighway, making it easy for cyclists to travel around the area.

The Thames Clipper, a river bus service, also runs along the river through Southwark, providing connections to destinations such as Canary Wharf and the O2 arena.

In conclusion, Southwark is a diverse and well-connected borough in London that offers a range of residential properties. From small studios to large family homes, Southwark has a higher volume of 1 and 2 bedroom flats compared to the average in London. With a higher percentage of properties rented, this borough offers investment opportunities in 2 bedroom flats for those looking to buy a buy-to-let property. Southwark offers excellent transportation links, making it easy for residents and visitors to travel to and from the area. 

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