Flats/Maisonettes

CARAWAY APARTMENTS

2 FLAT 120 CAYENNE COURT, LONDON, SOUTHWARK, GREATER LONDON, SE1 2PP

£975,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Iris Optical 0.1 miles
Bus stop Tower Bridge 0.1 miles
University Northeastern University London 0.3 miles
Train station Tower Hill 0.5 miles
Hospital Medlabs Diagnostics 2.1 miles

Property details

Tenure

Leasehold

Property type

Flat

Bedrooms

2

Bathrooms

2

Last sold

£975,000 Apr 2026

Local average

£638,119 (166 sales)

Street crime

2055 incidents within 1 mile (Jul 2026)

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 27/04/2026 £975,000 Flat £983,150 to June 2026 View transaction

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
EAGLE WHARF COURT FLAT 24 LAFONE STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2LZ £560,000 09/01/2026 Flat
WHEAT WHARF APARTMENTS, 27 FLAT 9 SHAD THAMES, LONDON, SOUTHWARK, GREATER LONDON, SE1 2YW £980,000 09/01/2026 Flat
CARAWAY APARTMENTS, 2 FLAT 217 CAYENNE COURT, LONDON, SOUTHWARK, GREATER LONDON, SE1 2PP £515,000 22/12/2025 Flat
THE CIRCLE FLAT 358 QUEEN ELIZABETH STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2JU £685,000 24/11/2025 Flat
TAMARIND COURT, 18 FLAT 54 GAINSFORD STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2NE £700,000 20/11/2025 Flat
TAMARIND COURT, 18 FLAT 11 GAINSFORD STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2NE £540,000 14/11/2025 Flat
THAMES HEIGHTS, 52 - 54 FLAT 3 GAINSFORD STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2NB £454,000 20/10/2025 Flat
THE CIRCLE FLAT 236 QUEEN ELIZABETH STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2JN £599,000 15/09/2025 Flat
THE CIRCLE FLAT 271 QUEEN ELIZABETH STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2JW £525,000 18/07/2025 Flat
SPICE QUAY HEIGHTS, 32 FLAT 612 SHAD THAMES, LONDON, SOUTHWARK, GREATER LONDON, SE1 2YL £650,000 22/05/2025 Flat
SPICE QUAY HEIGHTS, 32 FLAT 515 SHAD THAMES, LONDON, SOUTHWARK, GREATER LONDON, SE1 2YL £1,750,000 22/01/2025 Flat
THE CIRCLE FLAT 276 QUEEN ELIZABETH STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2JW £517,000 15/12/2023 Flat
THE CIRCLE FLAT 261 QUEEN ELIZABETH STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2JW £383,400 24/11/2023 Flat
FENNEL APARTMENTS, 3 FLAT 405 CAYENNE COURT, LONDON, SOUTHWARK, GREATER LONDON, SE1 2PJ £450,000 09/11/2023 Flat
BUTLERS WHARF BUILDING, 36 SUITE 208 SHAD THAMES, LONDON, SOUTHWARK, GREATER LONDON, SE1 2YE £500,000 12/10/2023 Flat
CARAWAY APARTMENTS, 2 FLAT 603 CAYENNE COURT, LONDON, SOUTHWARK, GREATER LONDON, SE1 2PP £530,000 15/09/2023 Flat
TAMARIND COURT, 18 FLAT 11 GAINSFORD STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2NE £550,000 06/07/2023 Flat
WHEAT WHARF APARTMENTS, 27 FLAT 6 SHAD THAMES, LONDON, SOUTHWARK, GREATER LONDON, SE1 2YW £820,000 05/07/2023 Flat
VANILLA AND SESAME COURT FLAT 105 CURLEW STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2NP £490,000 03/07/2023 Flat
EAGLE WHARF COURT FLAT 33 LAFONE STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2LZ £930,500 11/05/2023 Flat

Area average: £656,445 (20 sales)

For sale comparables

Active for-sale listings within 1 mile, matched to the same property type (all bedroom counts shown — none matched the 2-bedroom count for this property).

Address Price Beds Type Distance
Flat , Emery Way, London £550,000 Flat 0.51 mi

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -39.3%
10y growth -6.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Southwark. Series: Flats and maisonettes. As of June 2026.

1y (index) 1.7%
5y (index) 1.5%
10y (index) -3.7%

Rental Range

Estimated market rent for Southwark. Low = conservative, Realistic = average, Optimistic = best case.

Low £2,188/mo
Realistic £2,431/mo
Optimistic £2,674/mo

Based on Local Authority from postcode lookup → Southwark.

LHA (30th percentile) floor for Inner South East London: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Tooley Street, SE1 £2,800/mo 2 0.39 miles OpenRent

Average rent: £2,800/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.29%
Max investor price (0.8%) £350,000
Target investor price (1%) £280,000
Gross yield 3.4%
Cost-to-rent ratio 29×
Monthly cashflow £-1,345/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -5.7%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Building plot (shared): ~3,476 m² (0.86 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Street-level crime

Category Count
Violence and sexual offences 419
Theft from the person 335
Other theft 320
Anti-social behaviour 315
Shoplifting 159
Burglary 106
Robbery 87
Public order 82
Vehicle crime 66
Bicycle theft 64
Drugs 62
Criminal damage and arson 16
Possession of weapons 14
Other crime 10
Total incidents 2055

Within 1 mile during Jul 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Tower Bridge Primary School Primary 0.2 miles Good — 16 Feb 2016
St Joseph's Catholic Primary School Primary 0.3 miles Good — 10 Nov 2021
St Michael's Catholic College Secondary 0.4 miles Outstanding — 3 Sep 2013
Hermitage Primary School Primary 0.4 miles Requires improvement — 28 Jun 2023
Snowsfields Primary School Primary 0.4 miles Good — 14 Sep 2023

FENSA

No FENSA certificates found for this address.