Sold STC Flat

26B

SHARSTED STREET, LONDON, GREATER LONDON SE17 3TN

2 beds 1 baths 62 m² Listed 1 Jul 2022 (-1492d)

£500,000

Offers in Region of

Save

Property details

Tenure

LEASEHOLD

Floor area

62 m²

Last sold

£480,000 Nov 2022

Local average

£536,453 (-6.8%)

Deprivation

Decile 4 (10,447 of 33,755)

Street crime

1774 incidents within 1 mile (May 2026)

Key features

  • 2 Double Bedrooms
  • Private Garden
  • Separate kitchen
  • Close to Kennington tube

Additional details

Heating
Gas central
Parking
On street

Description

A 2 double bedroom apartment situated on the ground floor of this popular purpose-built block. The accommodation comprises of 2 double bedrooms, a reception room leading into a private balcony area, ideal for storing a bike. There is also a separate kitchen, bathroom and storage cupboard. This flat has direct access to a private front garden and a rear communal garden.

Sharsted Street is a popular residential road moments away from Kennington Tube Station with easy access to the city. An array of amenities can be found within the vicinity whilst the delightful open spaces of Kennington Park also serve the area.
Tenure: Leasehold
Council Tax: C
Lease Remaining: 96
Current ground rent: £10.00 Per Year
Ground rent review period: every 0
Annual ground rent increase: 0%

Listed by

London

Strike

Reference: 124547921

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

20% since 2015

Event Date Price % change
Sold 11/11/2022 (3 years ago) £480,000 +20%
Sold 12/06/2015 (11 years ago) £400,000

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
117 FLAT 6 KENNINGTON PARK ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE11 4JJ £705,000 12/01/2026 Flat
111 FLAT 3 KENNINGTON PARK ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE11 4JJ £472,000 14/03/2025 Flat
147 FLAT 2 KENNINGTON PARK ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE11 4JJ £565,000 25/02/2025 Flat
121 FLAT 4 KENNINGTON PARK ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE11 4JJ £735,000 31/01/2025 Flat
161 FLAT A KENNINGTON PARK ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE11 4JJ £600,000 11/12/2024 Flat
22 FLAT B DODDINGTON GROVE, LONDON, SOUTHWARK, GREATER LONDON, SE17 3TT £756,000 26/11/2024 Flat
117 FLAT 9 KENNINGTON PARK ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE11 4JJ £515,000 21/12/2023 Flat
151 - 153 FLAT 1 KENNINGTON PARK ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE11 4JJ £750,000 18/12/2023 Flat
8 DODDINGTON GROVE, LONDON, SOUTHWARK, GREATER LONDON, SE17 3TT £753,900 30/11/2023 Flat
IRVING HOUSE FLAT 242 DODDINGTON GROVE, LONDON, SOUTHWARK, GREATER LONDON, SE17 3TS £269,300 24/11/2023 Flat
161 FLAT C KENNINGTON PARK ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE11 4JJ £400,600 27/10/2023 Flat
13 GROUND FLOOR FLAT KENNINGTON PARK PLACE, LONDON, SOUTHWARK, GREATER LONDON, SE11 4AS £709,700 26/10/2023 Flat
6 DODDINGTON GROVE, LONDON, SOUTHWARK, GREATER LONDON, SE17 3TT £750,000 13/10/2023 Flat
SACKVILLE COURT, 119 FLAT 2 KENNINGTON PARK ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE11 4JS £650,000 13/10/2023 Flat
4 DODDINGTON GROVE, LONDON, SOUTHWARK, GREATER LONDON, SE17 3TT £713,500 29/09/2023 Flat
6A DODDINGTON GROVE, LONDON, SOUTHWARK, GREATER LONDON, SE17 3TT £680,000 29/09/2023 Flat
6B DODDINGTON GROVE, LONDON, SOUTHWARK, GREATER LONDON, SE17 3TT £680,000 29/09/2023 Flat
EDMUND HOUSE FLAT 135 DODDINGTON GROVE, LONDON, SOUTHWARK, GREATER LONDON, SE17 3TA £420,000 30/06/2023 Flat
COLET HOUSE 84 DODDINGTON GROVE, LONDON, SOUTHWARK, GREATER LONDON, SE17 3SY £390,000 29/06/2023 Flat
143 FLAT 4 KENNINGTON PARK ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE11 4JJ £345,000 28/04/2023 Flat

Area average: £593,000 (20 sales)

Capital growth trend

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

5y growth 40.6%
10y growth -1.6%

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

1y (index) -2.2%
5y (index) -2%
10y (index) -7.1%

Rental Range

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

Low £2,162/mo
Realistic £2,402/mo
Optimistic £2,642/mo

Based on Local Authority from postcode lookup → Southwark.

LHA (30th percentile) floor for Cambridge: £947/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Bus stop Kennington Station 0.1 miles
Shop M.P. Moran & Sons 0.1 miles
Bus stop Kennington Road 0.1 miles
Shop Unknown 0.2 miles
Train station Kennington 0.2 miles
Train station Oval 0.4 miles
University University of Wales Trinity Saint David London Campus 0.5 miles
University LSBU Active 0.8 miles
Hospital Dental Hospital 1.3 miles
Hospital King's College Hospital Emergency Department 1.3 miles

Street-level crime

Category Count
Violence and sexual offences 421
Anti-social behaviour 413
Theft from the person 256
Other theft 149
Shoplifting 132
Robbery 88
Public order 83
Burglary 57
Drugs 57
Vehicle crime 56
Bicycle theft 37
Other crime 16
Possession of weapons 5
Criminal damage and arson 4
Total incidents 1774

Within 1 mile during May 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
The Park College Other 0.1 miles (No rating)
Keyworth Primary School Primary 0.1 miles Good — 11 Jun 2018
Evolve Academy Other 0.2 miles (No rating)
Henry Fawcett Primary School Primary 0.3 miles Good — 9 Sep 2024
St Paul's Church of England Primary School Primary 0.3 miles Good — 25 Sep 2023

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 Maisonette, Fleming Road, SE17 £2,600/mo 2 0.19 miles OpenRent
2 Bed Flat, Cavour House, SE17 £3,200/mo 2 0.27 miles OpenRent
2 Bed Flat, Pullens Buildings, SE17 £2,300/mo 2 0.32 miles OpenRent
2 Bed Flat, Renfrew Road, SE11 £3,300/mo 2 0.37 miles OpenRent

Average rent: £2,850/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.58%
Max investor price (0.8%) £362,500
Target investor price (1%) £290,000
Gross yield 7%
Cost-to-rent ratio 14.4×
Monthly cashflow £616/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 5.1%
  • 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).