# 2 bedroom flat for rent (SE1 9RY)

## Property Details

| Key | Value |
|-----|-------|
| Address | THE BELFY, ST THOMAS'S CHURCH, 9A, ST THOMAS STREET, LONDON, GREATER LONDON SE1 9RY |
| Price | £4,000 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £1,300,000 Jan 2023 |

## Description

This spectacular two-bedroom apartment is configured across five storeys, in the tower of St Thomas's Church, in London Bridge. Originally built in 1703 by Thomas Cartwright, an architect and master mason of Christopher Wren, the church was used as a chapter house for Southwark Cathedral and in part, as an operating theatre for St Thomas's Hospital. The apartment has just had a roof terrace added to the top floor, creating astonishing views of the city skyline.

This truly one of a kind converted apartment is superbly located opposite London Bridge Stations and The Shard, on an adjacent road to Borough High Street and Borough Market, a short walk from Bermondsey Street and around 100m as the crow flies to the River.

**Security Deposit:** £5,769

**Council Tax Band:** Not yet available

Information contained within this listing is for guidance only and should be checked and confirmed (prior to proceeding).

## Property Photos

- ![Photo](/listings/photos/156078677/234190)
- ![Photo](/listings/photos/156078677/234191)
- ![Photo](/listings/photos/156078677/234192)
- ![Photo](/listings/photos/156078677/234193)
- ![Photo](/listings/photos/156078677/234194)
- ![Photo](/listings/photos/156078677/234195)
- ![Photo](/listings/photos/156078677/234196)
- ![Photo](/listings/photos/156078677/234197)
- ![Photo](/listings/photos/156078677/234198)
- ![Photo](/listings/photos/156078677/234199)
- ![Photo](/listings/photos/156078677/234200)

## Floorplans

- ![Floorplan 1](/listings/photos/156078677/234201) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/156078677/234202) - 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 |
|------|------|------|------|------|
| 2 Bed Flat, Duchess Walk, SE1 | £4,150/mo | 2 | 0.5 miles | OpenRent |
| 2 Bed Flat, Tooley St, SE1 | £2,750/mo | 2 | 0.52 miles | OpenRent |

**Average rent: £3,450/mo (2 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £3,450/mo).*

- **Gross yield:** 1035%
- **Monthly cashflow:** £3,064/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3169.9%

*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)