Apartment 202
WESTERN BUILDING, 3, TRIPTYCH PLACE, LONDON, GREATER LONDON SE1 9FL
Property details
Tenure
LEASEHOLD
Last sold
£708,000 Oct 2023
Local average
£644,923 (+7.8%)
Deprivation
Decile 3 (7,871 of 33,755)
Street crime
2433 incidents within 1 mile (Apr 2026)
Key features
- Large studio on 2nd floor of West Building, Triptych Bankside
- Open-plan layout with private terrace
- Air conditioning and tablet-controlled lighting
- 24-hour concierge, residents’ lounge, cinema, co-working space
- On-site residents only gym, wellness centre, gardens and retail
- Walk to Southwark, Borough, London Bridge & Waterloo stations
- Prime Southbank location near Tate Modern & Globe Theatre
- Leasehold: 999 years
- Service Charge: £2,800 pa
- Ground Rent: Peppercorn
Description
This spacious studio apartment is located on the second floor of the West Building at Triptych Bankside, a high-end development in the heart of London’s Southbank. Designed by renowned architects Squire & Partners, the apartment combines quality design with practical living, offering a well-planned open layout and a private terrace.
The interior features engineered oak flooring, full air conditioning, and a high-specification kitchen fitted with Miele appliances. A tablet-controlled lighting system adds to the convenience and modern finish of the space. Floor-to-ceiling windows allow for excellent natural light and a strong connection to the outdoor terrace.
Residents of Triptych Bankside have access to a range of premium amenities including a 24-hour concierge, a private residents’ lounge, co-working spaces, a cinema and games room, and landscaped communal gardens. A fully equipped gym and wellness facility is also located on site, along with retail and cultural spaces integrated at ground level.
Situated just moments from the Tate Modern and Shakespeare’s Globe, the development offers excellent transport links with Southwark, Borough, London Bridge and Waterloo stations all within walking distance. The location also provides easy access to the City, West End and Canary Wharf, and is close to several major universities and hospitals.
Listed by
London
ROMANS & PARTNERS LIMITED
Reference: 162259112
EPC ratings on this postcode
We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.
| Address | Current | Potential | Floor area | Age band | Type |
|---|---|---|---|---|---|
| 1001, Western Building, 3 Triptych Place, London | 85 | 85 | 103 m² | — | Flat |
| 1002, Western Building, 3 Triptych Place, London | 83 | 83 | 51 m² | — | Flat |
| 1003, Western Building, 3 Triptych Place, London | 85 | 85 | 94 m² | — | Flat |
| 1004, Western Building, 3 Triptych Place, London | 87 | 87 | 131 m² | — | Flat |
| 1005, Western Building, 3 Triptych Place, London | 87 | 87 | 140 m² | — | Flat |
| 101, Western Building, 3 Triptych Place, London | 84 | 84 | 84 m² | — | Flat |
| 102, Western Building, 3 Triptych Place, London | 82 | 82 | 37 m² | — | Flat |
| 103, Western Building, 3 Triptych Place, London | 82 | 82 | 36 m² | — | Flat |
| 104, Western Building, 3 Triptych Place, London | 83 | 83 | 55 m² | — | Flat |
| 105, Western Building, 3 Triptych Place, London | 83 | 83 | 50 m² | — | Flat |
| 106, Western Building, 3 Triptych Place, London | 85 | 85 | 102 m² | — | Flat |
| 107, Western Building, 3 Triptych Place, London | 86 | 86 | 136 m² | — | Flat |
| 1101, Western Building, 3 Triptych Place, London | 85 | 85 | 104 m² | — | Flat |
| 1102, Western Building, 3 Triptych Place, London | 83 | 83 | 52 m² | — | Flat |
| 1103, Western Building, 3 Triptych Place, London | 85 | 85 | 94 m² | — | Flat |
Flood risk
Zone: 1
Risk: Low
Job (default Low)
Price history
| Event | Date | Price | % change |
|---|---|---|---|
| Listed for sale | — | £695,000 | -1.8% |
| Sold | 13/10/2023 (2 years ago) | £708,000 | — |
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 |
|---|---|---|---|
| BEAR PIT APARTMENTS, 14 8 NEW GLOBE WALK, LONDON, SOUTHWARK, GREATER LONDON, SE1 9DR | £490,000 | 11/12/2025 | Flat |
| 33 FLAT B SOUTHWARK BRIDGE ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE1 9HH | £340,000 | 24/11/2025 | Flat |
| BEAR PIT APARTMENTS, 14 4 NEW GLOBE WALK, LONDON, SOUTHWARK, GREATER LONDON, SE1 9DR | £1,075,000 | 15/08/2025 | Flat |
| SUMNER BUILDINGS FLAT 54 SUMNER STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 9JY | £495,000 | 20/06/2025 | Flat |
| SUMNER BUILDINGS FLAT 72 SUMNER STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 9JY | £395,000 | 28/06/2023 | Flat |
| SUMNER BUILDINGS FLAT 21 SUMNER STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 9JX | £450,000 | 22/12/2022 | Flat |
| OLD THEATRE COURT, 123 FLAT 52 PARK STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 9ES | £873,000 | 12/12/2022 | Flat |
| SUMNER BUILDINGS FLAT 8 SUMNER STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 9JX | £575,000 | 26/09/2022 | Flat |
| BENBOW HOUSE, 24 APARTMENT 9 NEW GLOBE WALK, LONDON, SOUTHWARK, GREATER LONDON, SE1 9DS | £1,520,000 | 22/09/2022 | Flat |
| ANCHOR TERRACE, 3 - 13 FLAT 14 SOUTHWARK BRIDGE ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE1 9HQ | £690,000 | 24/06/2022 | Flat |
| ANCHOR TERRACE, 3 - 13 FLAT 15 SOUTHWARK BRIDGE ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE1 9HQ | £812,000 | 15/06/2022 | Flat |
| 20 FLAT 11 NEW GLOBE WALK, LONDON, SOUTHWARK, GREATER LONDON, SE1 9DX | £930,000 | 29/04/2022 | Flat |
| BEAR PIT APARTMENTS, 14 25 NEW GLOBE WALK, LONDON, SOUTHWARK, GREATER LONDON, SE1 9DR | £1,536,000 | 11/04/2022 | Flat |
| BENBOW HOUSE, 24 APARTMENT 36 NEW GLOBE WALK, LONDON, SOUTHWARK, GREATER LONDON, SE1 9DS | £1,100,000 | 25/03/2022 | Flat |
| 37D SOUTHWARK BRIDGE ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE1 9HH | £370,000 | 25/11/2021 | Flat |
| BENBOW HOUSE, 24 APARTMENT 74 NEW GLOBE WALK, LONDON, SOUTHWARK, GREATER LONDON, SE1 9DS | £7,000,000 | 05/11/2021 | Flat |
| BENBOW HOUSE, 24 APARTMENT 67 NEW GLOBE WALK, LONDON, SOUTHWARK, GREATER LONDON, SE1 9DS | £1,850,000 | 14/10/2021 | Flat |
| ANCHOR TERRACE, 3 - 13 FLAT 28 SOUTHWARK BRIDGE ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE1 9HQ | £632,500 | 29/06/2021 | Flat |
| SUMNER BUILDINGS FLAT 63 SUMNER STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 9JY | £497,500 | 28/06/2021 | Flat |
Area average: £1,138,474 (19 sales)
Capital growth trend
Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).
House Price Index (HM Land Registry — official index, not sold-price averages): Southwark. Series: Flats and maisonettes. As of March 2026.
Rental Range
Estimated market rent for Southwark. Low = conservative, Realistic = average, Optimistic = best case.
Based on Local Authority from postcode lookup → Southwark.
LHA (30th percentile) floor for Inner South East London: Apr 2025 – Mar 2026
Location
Address
Park Street
Nearby
Nearest stations, universities and amenities (distance from property).
| Type | Name | Distance |
|---|---|---|
| Shop | Unknown | 0.1 miles |
| Bus stop | Southwark Bridge / Bankside Pier | 0.1 miles |
| Bus stop | Shakespeare's Globe Theatre | 0.1 miles |
| Train station | Mansion House | 0.3 miles |
| Train station | London Blackfriars | 0.4 miles |
| University | London School of Commerce | 0.4 miles |
| University | Central School Of Ballet | 0.4 miles |
| Hospital | London Bridge Hospital | 0.5 miles |
| Hospital | Guy's Hospital | 0.5 miles |
Street-level crime
| Category | Count |
|---|---|
| Theft from the person | 525 |
| Other theft | 445 |
| Shoplifting | 335 |
| Violence and sexual offences | 294 |
| Anti-social behaviour | 280 |
| Public order | 111 |
| Robbery | 92 |
| Drugs | 80 |
| Burglary | 79 |
| Criminal damage and arson | 69 |
| Bicycle theft | 54 |
| Vehicle crime | 46 |
| Other crime | 15 |
| Possession of weapons | 8 |
| Total incidents | 2433 |
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 |
|---|---|---|---|
| City of London School | Other | 0.3 miles | — (No rating) |
| The Cathedral School of St Saviour and St Mary Overie | Primary | 0.3 miles | Outstanding — 30 Jan 2023 |
| Haberdashers' Borough Academy | Secondary | 0.4 miles | Good — 25 Apr 2024 |
| Saint Joseph's Catholic Primary School, the Borough | Primary | 0.4 miles | Good — 1 Feb 2014 |
| Charles Dickens Primary School | Primary | 0.4 miles | Outstanding — 28 Oct 2019 |
Rental Comparables
Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.
| Title | Rent | Beds | Distance | As seen on |
|---|---|---|---|---|
| 4 Bed Flat, Sumner Buildings, SE1 | £5,200/mo | 4 | 0.06 miles | OpenRent |
| 2 Bed Flat, Upper Thames Street, EC4V | £4,000/mo | 2 | 0.25 miles | OpenRent |
| Studio Flat, Upper Thames Street, EC4V | £1,850/mo | 1 | 0.25 miles | OpenRent |
| 2 Bed Flat, Southwark Street, SE1 | £3,450/mo | 2 | 0.3 miles | OpenRent |
| Studio Flat, Copperfield St, SE1 | £1,500/mo | 1 | 0.31 miles | OpenRent |
| 3 Bed Flat, Pattison House, SE1 | £2,700/mo | 3 | 0.32 miles | OpenRent |
| 1 Bed Flat, Davies House, SE1 | £2,650/mo | 1 | 0.32 miles | OpenRent |
| 1 Bed Flat, Southwark Bridge Road, SE1 | £2,700/mo | 1 | 0.32 miles | OpenRent |
| 2 Bed Flat, Blackfriars Road, SE1 | £6,608/mo | 2 | 0.34 miles | OpenRent |
| 2 Bed Flat, Blackfriars Road, SE1 | £7,367/mo | 2 | 0.34 miles | OpenRent |
| Studio Flat, One Blackfriars Road, SE1 | £3,500/mo | 1 | 0.34 miles | OpenRent |
| Studio Flat, Blackfriars Road, SE1 | £3,575/mo | 1 | 0.34 miles | OpenRent |
| 1 Bed Flat, Blackfriars Road, SE1 | £4,333/mo | 1 | 0.34 miles | OpenRent |
| 2 Bed Flat, Blackfriars Road, SE1 | £7,000/mo | 2 | 0.34 miles | OpenRent |
| 2 Bed Flat, Blackfriars Road, SE1 | £7,500/mo | 2 | 0.34 miles | OpenRent |
| Walton Clarke House, 5 Brigade Mews, London, SE1 | £4,250/mo | 2 | 0.35 miles | Rightmove |
| 2 Bed Flat, Brigade Mews, SE1 | £4,500/mo | 2 | 0.35 miles | OpenRent |
| 1 Bed Flat, Brigade Court, SE1 | £3,250/mo | 1 | 0.35 miles | OpenRent |
| Studio Flat, Pocock St, SE1 | £1,517/mo | 1 | 0.38 miles | OpenRent |
| 3 Bed Flat, Cannon Street, EC4N | £3,050/mo | 3 | 0.4 miles | OpenRent |
Average rent: £3,641/mo (37 listings)
Rent-driven metrics
Based on OpenRent comparables.
- 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).
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