Sold STC Flat

Flat 10

FLORIN COURT, 70, TANNER STREET, LONDON, GREATER LONDON SE1 3DP

2 beds 2 baths 89 m² Listed 2 May 2024 (-772d)

£775,000

Reduced on 27 Mar 2024

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Property photo

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Property details

Tenure

LEASEHOLD

Floor area

89 m²

Council tax band

E

Last sold

£775,000 Sep 2024

Local average

£644,923 (+20.2%)

Deprivation

Decile 4 (10,518 of 33,755)

Street crime

1878 incidents within 1 mile (Apr 2026)

Key features

  • Allocated parking space in secure gated garage
  • Duplex apartment on the first and second floors
  • West facing balcony with views towards the Shard and city skyline
  • Very spacious living space with great natural light
  • Modern fully fitted and equipped kitchen
  • Located moments from Bermondsey Street, London Bridge, Tower Bridge and Borough Market
  • Popular gated development with 24 hour concierge
  • Main bedroom with en-suite shower room
  • Bathroom/WC
  • Second double bedroom

Additional details

Parking
Gated
Listed property
No
Restrictions
No
Required access
No
Rights of way
No
Flooded in last 5 years
No
Flood defences
No

Description

A very spacious two double bedroom duplex apartment on the first and second floors of this popular development with generous living space, west facing balcony and secure off street parking and conveniently located a few minutes walk from the vibrant Bermondsey Street.
The apartment boasts a layout that with excellent space and abundant natural light floods the expansive living area, instantly creating a welcoming atmosphere. The west-facing balcony reveals great views of the Shard and the city skyline. The modern kitchen is fully fitted and equipped. Two well-appointed bedrooms allow for comfortable living, with the main bedroom featuring an en-suite shower room for added privacy and convenience. In addition to the en-suite, a second bathroom/wc is available to cater to the needs of family and guests. In addition the apartment has the benefit of an allocated parking space in the secure underground garage.
The apartment stands south side of Tanner Street close to the east of Tower Bridge Road and close to Rope Walk, home to the ever popular Maltby Street food market. The vibrant Bermondsey Street now locally known as Bermondsey Village, is now synonymous with an ever growing international food scene with an excellent array of restaurants including Jose's Tapas bar and Pizarro restaurant, Angela Hartnett's Café Murano, Casse-Croute, Baccala and a host of others to suit every taste. The street is known for its eclectic mix of boutiques, gastro pubs and bars, and also the home of the renowned White Cube Art Gallery. Nearby Bermondsey Square has the weekly antiques market and Kino independent cinema. The City is accessible by walking over Tower Bridge. London Bridge station provides Northern and Jubilee Underground lines, plus London over ground trains.
EPC Rating: B

Listed by

London Bridge

Daniel Cobb

Reference: 147522662

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address Current Potential Floor area Age band Type
Flat 10, Florin Court, 70 Tanner Street, LONDON 81 81 89 m² England and Wales: 2003-2006 Flat

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

Price history

269% since 1999

Event Date Price % change
Sold 24/09/2024 (1 year ago) £775,000 +269%
Sold 30/07/1999 (26 years ago) £210,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

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

Address Price Date Type
PARK WEST APARTMENTS, 40 FLAT 10 TANNER STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 3LG £809,000 12/12/2025 Flat
37 FLAT 14 TANNER STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 3LF £620,000 09/12/2025 Flat
MALTINGS PLACE, 169 FLAT 14 TOWER BRIDGE ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE1 3JB £400,000 07/02/2025 Flat
ARC HOUSE, 16 FLAT 111 MALTBY STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 3GP £460,000 20/12/2023 Flat
ST. LAWRENCE HOUSE FLAT 9 ST SAVIOURS ESTATE, LONDON, SOUTHWARK, GREATER LONDON, SE1 3BY £425,000 15/12/2023 Flat
ARC HOUSE, 18 FLAT 133 MALTBY STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 3GP £714,500 27/11/2023 Flat
FLORIN COURT, 70 FLAT 35 TANNER STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 3DP £560,000 27/10/2023 Flat
MALTBY HOUSE FLAT 1 MALTBY STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 3PD £407,500 06/10/2023 Flat
ARC HOUSE, 16 FLAT 130 MALTBY STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 3GP £950,000 19/09/2023 Flat
THETFORD HOUSE FLAT 34 ST SAVIOURS ESTATE, LONDON, SOUTHWARK, GREATER LONDON, SE1 3PE £410,000 16/08/2023 Flat
40C MALTINGS PLACE, LONDON, SOUTHWARK, GREATER LONDON, SE1 3JB £420,000 14/07/2023 Flat
ARC HOUSE, 16 FLAT 79 MALTBY STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 3GP £720,000 29/06/2023 Flat
ARC HOUSE, 82 FLAT 46 TANNER STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 3GN £785,000 23/06/2023 Flat
37 FLAT 13 TANNER STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 3LF £500,000 21/06/2023 Flat
ARC HOUSE, 18 FLAT 145 MALTBY STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 3GP £440,000 26/05/2023 Flat
151 FLAT 901 TOWER BRIDGE ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE1 3JE £855,000 09/12/2022 Flat
PARK WEST APARTMENTS, 40 FLAT 7 TANNER STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 3LG £660,000 25/11/2022 Flat
36 MALTINGS PLACE, LONDON, SOUTHWARK, GREATER LONDON, SE1 3JB £750,000 10/11/2022 Flat
PARK WEST APARTMENTS, 40 FLAT 2 TANNER STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 3LG £720,000 21/10/2022 Flat
44 MALTINGS PLACE, LONDON, SOUTHWARK, GREATER LONDON, SE1 3JB £425,000 19/10/2022 Flat

Area average: £601,550 (20 sales)

Capital growth trend

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

5y growth -24.6%
10y growth -65.7%

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

1y (index) -4.7%
5y (index) -5%
10y (index) -8.3%

Rental Range

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

Low £2,156/mo
Realistic £2,395/mo
Optimistic £2,635/mo

Based on Local Authority from postcode lookup → Southwark.

LHA (30th percentile) floor for Inner South East London: £1,546/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View SE1 3DP

Address

Pope Street

Nearby

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

Type Name Distance
Shop Tower Bridge Dry Cleaners 0.1 miles
Shop London Village Estates 0.1 miles
Bus stop Abbey Street 0.1 miles
Bus stop Druid Street 0.1 miles
Train station London Bridge 0.5 miles
University Northeastern University London 0.5 miles
Train station Bermondsey 0.6 miles
University London School of Commerce 0.6 miles
Hospital Medlabs Diagnostics 2.1 miles
Hospital Dental Hospital 2.2 miles

Street-level crime

Category Count
Theft from the person 333
Anti-social behaviour 330
Violence and sexual offences 304
Other theft 297
Shoplifting 110
Drugs 82
Robbery 80
Public order 77
Criminal damage and arson 70
Burglary 69
Vehicle crime 66
Bicycle theft 33
Other crime 17
Possession of weapons 10
Total incidents 1878

Within 1 mile during Apr 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
Grange Primary School Primary 0.3 miles Requires improvement — 16 Oct 2022
Snowsfields Primary School Primary 0.3 miles Good — 14 Sep 2023
St Joseph's Catholic Primary School Primary 0.4 miles Good — 10 Nov 2021
Kintore Way Nursery School and Children's Centre Nursery 0.4 miles Outstanding — 11 Oct 2013

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
Walton Clarke House, 5 Brigade Mews, London, SE1 £4,250/mo 2 0.93 miles Rightmove

Average rent: £4,250/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.55%
Max investor price (0.8%) £531,250
Target investor price (1%) £425,000
Gross yield 6.6%
Cost-to-rent ratio 15.2×
Monthly cashflow £748/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 4%
  • 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).

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