Let Flat

FLAT 24

3 MILLENNIUM SQUARE, LONDON, LONDON, GREATER LONDON SE1 2PW

2 beds 1 baths 829 sq ft Listed 7 Aug 2023 (-1041d)

£2,600 pcm

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# 2 bedroom flat for rent (SE1 2PW)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 24, 3 MILLENNIUM SQUARE, LONDON, LONDON, GREATER LONDON SE1 2PW |
| Price | £2,600 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | F |
| Construction age | England and Wales: 1996-2002 |
| Floor area | 77 m² |
| Last sold | £345,000 Mar 2006 |

## Description

Millennium Square is located on Shad Thames at the junction with Queen Elizabeth Street and therefore close to the excellent variety of riverside bars and restaurants in the area. London Bridge station (Northern line, Jubilee line and National Rail services) and Bermondsey station (Jubilee line) are both within easy reach.

Council Tax Band: F

Deposit: £3000.00

## Property Photos

- ![Millennium Square...](/listings/photos/138373991/356788) - Millennium Square...
- ![Millennium Square...](/listings/photos/138373991/356789) - Millennium Square...
- ![Millennium Square...](/listings/photos/138373991/356790) - Millennium Square...
- ![Millennium Square...](/listings/photos/138373991/356792) - Millennium Square...
- ![Millennium Square...](/listings/photos/138373991/356795) - Millennium Square...
- ![Millennium Square...](/listings/photos/138373991/356798) - Millennium Square...
- ![Millennium Square...](/listings/photos/138373991/356800) - Millennium Square...
- ![Millennium Square...](/listings/photos/138373991/356803) - Millennium Square...

## EPC Graphs

- ![Energy Performanc...](/listings/photos/138373991/356808) - Energy Performanc...

## 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:** 1961.5%
- **Monthly cashflow:** £3,790/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 6031.4%

*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).*

## Price per Square Metre

- **£/m²:** £34/m²

## 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)

Millennium Square... Millennium Square... Millennium Square... Millennium Square... Millennium Square... Millennium Square... Millennium Square... Millennium Square...

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Property details

Floor area

77 m²

Council tax band

Year built

England and Wales: 1996-2002

Deprivation

Decile 9 (29,531 of 33,755)

Street crime

1739 incidents within 1 mile (Apr 2026)

Key features

Large reception room
Two double bedrooms
Balcony with views of the Shard
Convenient location
Parking space available

Additional details

Parking: Yes

Description

This spacious apartment is located in a well respected block and has a large reception room with balcony and Shard views and two double bedrooms. The apartment is bright and airy throughout and has great storage.

Millennium Square is located on Shad Thames at the junction with Queen Elizabeth Street and therefore close to the excellent variety of riverside bars and restaurants in the area. London Bridge station (Northern line, Jubilee line and National Rail services) and Bermondsey station (Jubilee line) are both within easy reach.

Council Tax Band: F
Deposit: £3000.00

Listed by

Tower Bridge - Lettings

Cluttons LLP

Reference: 138373991

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

Energy Performanc...

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	314
Theft from the person	294
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	60
Bicycle theft	31
Other crime	12
Possession of weapons	11
Total incidents	1739

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	0.2 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	0.3 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)