Sold STC Flat

21 WEST LANE

LONDON, GREATER LONDON SE16 4NZ

3 beds 1 baths 689 sq ft Listed 25 Oct 2021 (-1702d)

£395,000

Save

# 3 bedroom apartment for sale (SE16 4NZ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 21 WEST LANE, LONDON, GREATER LONDON SE16 4NZ |
| Price | £395,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1930-1949 |
| Floor area | 64 m² |
| Last sold | £395,000 Mar 2022 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 11/11/2029
- **Current heating cost:** £424/year

### Recommendations
- Q (14,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9157-2892-6494-9391-6931)

## Description

Bermondsey Tube Station is 4 Minutes walk away from this 3 double bedroom apartmnet in the heart of Bermondsey, SE16.

Situated on the 1st floor of this apartment block is this 3 double bedroom apartment spanning over 700ft2.  It is well proportioned and is ready to move into with a full kitchen and bathroom suite.

This is an ideal first time buy or an excellent investment with a 5.8% yield available.

Conveniently located just off Jamaica Road so close to transport and all the facilities and shops that the vibrant Jamaica Road offers.

## Property Photos

- ![Picture No. 20](/listings/photos/115319723/720383) - Picture No. 20
- ![Picture No. 19](/listings/photos/115319723/720392) - Picture No. 19
- ![Picture No. 18](/listings/photos/115319723/720403) - Picture No. 18
- ![Picture No. 21](/listings/photos/115319723/720406) - Picture No. 21
- ![Picture No. 22](/listings/photos/115319723/720412) - Picture No. 22
- ![Picture No. 23](/listings/photos/115319723/720419) - Picture No. 23
- ![Picture No. 17](/listings/photos/115319723/720422) - Picture No. 17
- ![Picture No. 24](/listings/photos/115319723/720424) - Picture No. 24
- ![Picture No. 25](/listings/photos/115319723/720426) - Picture No. 25
- ![Picture No. 26](/listings/photos/115319723/720429) - Picture No. 26
- ![Picture No. 27](/listings/photos/115319723/720431) - Picture No. 27
- ![Picture No. 16](/listings/photos/115319723/720432) - Picture No. 16

## Floorplans

- ![Floorplan](/listings/photos/115319723/720435) - Floorplan

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #16663995
- **Address:** 21 West Lane, LONDON, SE16 4NZ
- **Certificate Issued:** 09/02/2025
- **Work Completed:** 21/01/2025
- **Items:** 1 window(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 21 WEST LANE, LONDON, SOUTHWARK, GREATER LONDON, SE16 4NZ | £395,000 | 22/03/2022 | Flat |
| 21 WEST LANE, LONDON, SOUTHWARK, GREATER LONDON, SE16 4NZ | £145,000 | 16/10/2000 | Flat |
| 21 WEST LANE, LONDON, SOUTHWARK, GREATER LONDON, SE16 4NZ | £83,000 | 18/06/1999 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 71 WEST LANE, LONDON, SOUTHWARK, GREATER LONDON, SE16 4PA | £380,000 | 21/03/2025 | Flat |
| BURTON HOUSE FLAT 6 CHERRY GARDEN STREET, BERMONDSEY, LONDON, SOUTHWARK, GREATER LONDON, SE16 4PG | £295,000 | 20/12/2023 | Flat |
| BOATMAN HOUSE APARTMENT 5 PROSPECT STREET, LONDON, SOUTHWARK, GREATER LONDON, SE16 4EY | £600,000 | 25/07/2023 | Flat |
| 82 CHERRY GARDEN STREET, BERMONDSEY, LONDON, SOUTHWARK, GREATER LONDON, SE16 4PB | £371,000 | 21/07/2023 | Flat |
| 47 MILLPOND ESTATE, LONDON, SOUTHWARK, GREATER LONDON, SE16 4LZ | £417,500 | 10/02/2023 | Flat |
| [Same street] 27 WEST LANE, LONDON, SOUTHWARK, GREATER LONDON, SE16 4NZ | £415,000 | 03/02/2023 | Flat |
| BOATMAN HOUSE APARTMENT 2 PROSPECT STREET, LONDON, SOUTHWARK, GREATER LONDON, SE16 4EY | £555,000 | 07/10/2022 | Flat |
| 80 KIRBY ESTATE, LONDON, SOUTHWARK, GREATER LONDON, SE16 2EF | £300,000 | 26/09/2022 | Flat |
| PYNFOLDS 60 JAMAICA ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE16 4NU | £325,000 | 28/07/2022 | Flat |
| 122 CHERRY GARDEN STREET, BERMONDSEY, LONDON, SOUTHWARK, GREATER LONDON, SE16 4PB | £417,000 | 22/07/2022 | Flat |
| CHERRY GARDEN HOUSE FLAT 8 CHERRY GARDEN STREET, BERMONDSEY, LONDON, SOUTHWARK, GREATER LONDON, SE16 4PE | £318,000 | 14/07/2022 | Flat |
| PYNFOLDS 7 JAMAICA ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE16 4NX | £350,000 | 27/05/2022 | Flat |
| 63 KIRBY ESTATE, LONDON, SOUTHWARK, GREATER LONDON, SE16 2EG | £210,000 | 06/04/2022 | Flat |
| 114 CHERRY GARDEN STREET, BERMONDSEY, LONDON, SOUTHWARK, GREATER LONDON, SE16 4PB | £400,000 | 01/04/2022 | Flat |
| PYNFOLDS 20 JAMAICA ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE16 4NX | £300,000 | 15/03/2022 | Flat |
| 182A JAMAICA ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE16 4RT | £295,000 | 10/03/2022 | Flat |
| 35 FLAT 8 WEST LANE, LONDON, SOUTHWARK, GREATER LONDON, SE16 4PA | £425,000 | 22/12/2021 | Flat |
| PYNFOLDS 52 JAMAICA ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE16 4NU | £415,000 | 30/09/2021 | Flat |
| 124 CHERRY GARDEN STREET, BERMONDSEY, LONDON, SOUTHWARK, GREATER LONDON, SE16 4PB | £390,000 | 28/09/2021 | Flat |
| 60 MILLPOND ESTATE, LONDON, SOUTHWARK, GREATER LONDON, SE16 4LY | £412,500 | 27/09/2021 | Flat |
| 140 CHERRY GARDEN STREET, BERMONDSEY, LONDON, SOUTHWARK, GREATER LONDON, SE16 4PB | £452,500 | 29/06/2021 | Flat |

**Street average:** £415,000 (1 sale)
**Area average:** £381,425 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £462,192 (88 Flat, SE16, 2024–2026)
- **Deviation:** -14.5%

## 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 Cambridge (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,122/mo

## 1% Rule

- **Rent ratio:** 0.61% (weak for cashflow)
- **Max investor price (0.8%):** £299,375
- **Target investor price (1%):** £239,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Price per Square Metre

- **£/m²:** £6,172/m²

## Capital growth trend

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

- **5y growth:** -4.1%
- **10y growth:** 3.3%

## House Price Index (HM Land Registry)

*Official index for Southwark; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -4.7%
- **5y growth (index):** -5%
- **10y growth (index):** -8.3%

## 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)

Picture No. 20 Picture No. 19 Picture No. 18 Picture No. 21 Picture No. 22 Picture No. 23 Picture No. 17 Picture No. 24 Picture No. 25 Picture No. 26 Picture No. 27 Picture No. 16

/ 12

Property details

Tenure

LEASEHOLD

Floor area

64 m²

EPC rating

Year built

England and Wales: 1930-1949

Last sold

£395,000 Mar 2022

Price per m²

£6,172/m²

Local average

£462,192 (-14.5%)

Deprivation

Decile 3 (8,173 of 33,755)

Street crime

1106 incidents within 1 mile (Apr 2026)

Key features

Three double bedrooms
Separate kitchen
2 minutes to Bermondsey Tube
Close to local amenities
Excellent Investment Opportunity

Description

Bermondsey Tube Station is 4 Minutes walk away from this 3 double bedroom apartmnet in the heart of Bermondsey, SE16.

Situated on the 1st floor of this apartment block is this 3 double bedroom apartment spanning over 700ft2. It is well proportioned and is ready to move into with a full kitchen and bathroom suite.

This is an ideal first time buy or an excellent investment with a 5.8% yield available.

Conveniently located just off Jamaica Road so close to transport and all the facilities and shops that the vibrant Jamaica Road offers.

Listed by

Canada Water

Metro Village Ltd

Reference: 115319723

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 12/11/2019

Expiry date: 11/11/2029

Current heating cost: £424/year

Potential heating cost: £297/year

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

50 mm internal or external wall insulation (14,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #16663995 Recent

Property Details

Street: 21 West Lane

Town: LONDON

Postcode: SE16 4NZ

Installation Details

Items: 1 window

Certificate Issued: 09/02/2025

Work Completed: 21/01/2025

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

376% since 1999

Event	Date	Price	% change
Sold	22/03/2022 (4 years ago)	£395,000	+172.4%
Sold	16/10/2000 (25 years ago)	£145,000	+74.7%
Sold	18/06/1999 (27 years ago)	£83,000	—

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
71 WEST LANE, LONDON, SOUTHWARK, GREATER LONDON, SE16 4PA	£380,000	21/03/2025	Flat
BURTON HOUSE FLAT 6 CHERRY GARDEN STREET, BERMONDSEY, LONDON, SOUTHWARK, GREATER LONDON, SE16 4PG	£295,000	20/12/2023	Flat
BOATMAN HOUSE APARTMENT 5 PROSPECT STREET, LONDON, SOUTHWARK, GREATER LONDON, SE16 4EY	£600,000	25/07/2023	Flat
82 CHERRY GARDEN STREET, BERMONDSEY, LONDON, SOUTHWARK, GREATER LONDON, SE16 4PB	£371,000	21/07/2023	Flat
47 MILLPOND ESTATE, LONDON, SOUTHWARK, GREATER LONDON, SE16 4LZ	£417,500	10/02/2023	Flat
Same street 27 WEST LANE, LONDON, SOUTHWARK, GREATER LONDON, SE16 4NZ	£415,000	03/02/2023	Flat
BOATMAN HOUSE APARTMENT 2 PROSPECT STREET, LONDON, SOUTHWARK, GREATER LONDON, SE16 4EY	£555,000	07/10/2022	Flat
80 KIRBY ESTATE, LONDON, SOUTHWARK, GREATER LONDON, SE16 2EF	£300,000	26/09/2022	Flat
PYNFOLDS 60 JAMAICA ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE16 4NU	£325,000	28/07/2022	Flat
122 CHERRY GARDEN STREET, BERMONDSEY, LONDON, SOUTHWARK, GREATER LONDON, SE16 4PB	£417,000	22/07/2022	Flat
CHERRY GARDEN HOUSE FLAT 8 CHERRY GARDEN STREET, BERMONDSEY, LONDON, SOUTHWARK, GREATER LONDON, SE16 4PE	£318,000	14/07/2022	Flat
PYNFOLDS 7 JAMAICA ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE16 4NX	£350,000	27/05/2022	Flat
63 KIRBY ESTATE, LONDON, SOUTHWARK, GREATER LONDON, SE16 2EG	£210,000	06/04/2022	Flat
114 CHERRY GARDEN STREET, BERMONDSEY, LONDON, SOUTHWARK, GREATER LONDON, SE16 4PB	£400,000	01/04/2022	Flat
PYNFOLDS 20 JAMAICA ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE16 4NX	£300,000	15/03/2022	Flat
182A JAMAICA ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE16 4RT	£295,000	10/03/2022	Flat
35 FLAT 8 WEST LANE, LONDON, SOUTHWARK, GREATER LONDON, SE16 4PA	£425,000	22/12/2021	Flat
PYNFOLDS 52 JAMAICA ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE16 4NU	£415,000	30/09/2021	Flat
124 CHERRY GARDEN STREET, BERMONDSEY, LONDON, SOUTHWARK, GREATER LONDON, SE16 4PB	£390,000	28/09/2021	Flat
60 MILLPOND ESTATE, LONDON, SOUTHWARK, GREATER LONDON, SE16 4LY	£412,500	27/09/2021	Flat
140 CHERRY GARDEN STREET, BERMONDSEY, LONDON, SOUTHWARK, GREATER LONDON, SE16 4PB	£452,500	29/06/2021	Flat

Street average: £415,000 (1 sale)

Area average: £381,425 (20 sales)

Capital growth trend

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

5y growth -4.1%

10y growth 3.3%

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 Cambridge: £1,122/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View SE16 4NZ

Nearby

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

Type	Name	Distance
Shop	Saragaglia	0.0 miles
Shop	Sam's Gents Hairdresser	0.0 miles
Bus stop	Drummond Road	0.1 miles
Bus stop	Kirby Estate	0.1 miles
Train station	Bermondsey	0.2 miles
Train station	Rotherhithe	0.4 miles
University	Northeastern University London	0.7 miles
University	NTU London	1.1 miles
Hospital	Dental Hospital	2.5 miles
Hospital	King's College Hospital Emergency Department	2.5 miles

Street-level crime

Category	Count
Anti-social behaviour	250
Violence and sexual offences	237
Theft from the person	133
Other theft	108
Criminal damage and arson	56
Burglary	52
Vehicle crime	52
Public order	49
Shoplifting	49
Robbery	47
Drugs	36
Bicycle theft	18
Possession of weapons	10
Other crime	9
Total incidents	1106

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
Riverside Primary School	Primary	0.2 miles	Good — 19 Mar 2024
The Charter School Bermondsey	Secondary	0.2 miles	Good — 12 Jun 2017
St Michael's Catholic College	Secondary	0.3 miles	Outstanding — 3 Sep 2013
St James' Church of England Primary School	Primary	0.3 miles	Good — 11 Dec 2014
Southwark Park Primary School	Primary	0.4 miles	Good — 27 Nov 2023

Rental Comparables

Rental listings exist nearby, but none matched the 3-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.61%

Max investor price (0.8%) £299,375

Target investor price (1%) £239,500

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).