Let Flat

FLAT 25

3 MILLENNIUM SQUARE, LONDON, GREATER LONDON SE1 2PW

2 beds 1 baths 79 m² Listed 9 Apr 2024 (-795d)

£2,999 pcm

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# 2 bedroom flat for rent (SE1 2PW)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 25, 3 MILLENNIUM SQUARE, LONDON, GREATER LONDON SE1 2PW |
| Price | £2,999 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £835,000 Aug 2015 |

## Description

Two double bedroom flat with large living area with a private South facing balcony, separate kitchen, modern bathroom and secure allocated parking space.

Millennium Square is surrounded by the shops, cafés restaurants and delis of Shad Thames on the riverside, and is only 0.4 miles from London Bridge station and 0.3 miles from Bermondsey station.

## Property Photos

- ![Photo](/listings/photos/146606486/356685)
- ![Photo](/listings/photos/146606486/356686)
- ![Photo](/listings/photos/146606486/356687)
- ![Photo](/listings/photos/146606486/356688)
- ![Photo](/listings/photos/146606486/356689)
- ![Photo](/listings/photos/146606486/356690)
- ![Photo](/listings/photos/146606486/356691)

## Floorplans

- ![Floorplan 1](/listings/photos/146606486/356692) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/146606486/356693) - EPC 1

## Rental Range

*ONS Price Index of Private Rents (Southwark). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £2,156/mo
- **Realistic:** £2,395/mo
- **Optimistic:** £2,635/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Inner South East London (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,546/mo

## 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](http://87.117.209.195:8080/listings/48f6693) | £4,250/mo | 2 | 1.08 miles | Rightmove |

**Average rent: £4,250/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £4,250/mo).*

- **Gross yield:** 1700.6%
- **Monthly cashflow:** £3,788/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5226.8%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − 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
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Floor area

79 m²

Deprivation

Decile 9 (29,531 of 33,755)

Street crime

1746 incidents within 1 mile (Apr 2026)

Key features

Two Double Bedrooms
One Bathroom
Separate Kitchen
Part Furnished
Private Balcony
Secure Gated Parking Space

Additional details

Parking: Yes

Description

Two double bedroom flat with large living area with a private South facing balcony, separate kitchen, modern bathroom and secure allocated parking space.

Millennium Square is surrounded by the shops, cafés restaurants and delis of Shad Thames on the riverside, and is only 0.4 miles from London Bridge station and 0.3 miles from Bermondsey station.

Listed by

Tower Bridge

Dexters

Reference: 146606486

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

EPC Graphs

EPC 1

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 2PW

Nearby

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

Type	Name	Distance
Shop	Circle Store	0.0 miles
Shop	NipNip Tower Bridge	0.0 miles
Bus stop	Tanner Street	0.1 miles
Bus stop	Dockhead	0.1 miles
University	Northeastern University London	0.4 miles
Train station	Bermondsey	0.5 miles
Train station	London Bridge	0.6 miles
University	London School of Commerce	0.7 miles
Hospital	Medlabs Diagnostics	2.2 miles
Hospital	Dental Hospital	2.4 miles

Street-level crime

Category	Count
Anti-social behaviour	318
Theft from the person	295
Violence and sexual offences	293
Other theft	280
Shoplifting	99
Public order	76
Robbery	70
Burglary	68
Criminal damage and arson	68
Drugs	63
Vehicle crime	62
Bicycle theft	31
Other crime	12
Possession of weapons	11
Total incidents	1746

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	0.1 miles	Good — 16 Feb 2016
St Joseph's Catholic Primary School	Primary	0.2 miles	Good — 10 Nov 2021
St Michael's Catholic College	Secondary	0.3 miles	Outstanding — 3 Sep 2013
St James' Church of England Primary School	Primary	0.4 miles	Good — 11 Dec 2014
Riverside Primary School	Primary	0.4 miles	Good — 19 Mar 2024

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	1.08 miles	Rightmove

Average rent: £4,250/mo (1 listing)