# 1 bedroom apartment for rent (SE1 9GD)

## Property Details

| Key | Value |
|-----|-------|
| Address | One Blackfriars, City, SE1, SE1 9GD |
| Price | £3,400 pcm |
| Bedrooms | 1 |
| Last sold | £990,000 |

## Description

*AVAILABLE NOW* This one-bedroom apartment situated within the One Blackfriars development among the capital famous landmarks on the banks of the River Thames

The apartment features an open-plan living and dining area with floor-to-ceiling windows that flood the space with natural light. The modern kitchen is fully equipped with high-end appliances, including an induction hob, oven, fridge/freezer, and dishwasher, making it ideal for both everyday cooking and entertaining.

Residents of One Blackfriars enjoy a range of premium amenities, including a 24-hour concierge, a fully equipped gym, a swimming pool, and a private cinema. The development also offers a luxurious spa and beautifully landscaped gardens for relaxation.

One Blackfriars is ideally located with excellent transport links, including nearby Blackfriars and Southwark stations, providing quick access to the Jubilee, Northern, Circle, and District lines, as well as mainline train services. The South Bank's vibrant cultural scene, with its theatres, galleries, and restaurants, is right on your doorstep, making this apartment an exceptional choice for those looking to experience the best of London living.

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## Property Photos

- ![Photo](/listings/photos/155316230/1336159)

## Rental Range

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

- **Low:** £2,155/mo
- **Realistic:** £2,394/mo
- **Optimistic:** £2,633/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £1,292/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 |
|------|------|------|------|------|
| 1 Bed Mobile Home, Union Street, SE1 | £790/mo | 1 | 0.56 miles | OpenRent |
| 1 Bed Penthouse, London Bridge St, SE1 | £4,500/mo | 1 | 0.8 miles | OpenRent |

**Average rent: £2,645/mo (2 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £2,645/mo).*

- **Gross yield:** 933.5%
- **Monthly cashflow:** £2,342/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 2850.4%

*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)
