Sold STC Flat

FLAT 8

1 MILLENNIUM SQUARE, LONDON, GREATER LONDON SE1 2PW

2 beds 1 baths 936 sq ft Listed 4 Sep 2019 (-2476d)

£750,000

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# 2 bedroom flat for sale (SE1 2PW)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 8, 1 MILLENNIUM SQUARE, LONDON, GREATER LONDON SE1 2PW |
| Price | £750,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1991-1995 |
| Floor area | 87 m² |
| Last sold | £685,000 Feb 2020 |

## Description

A fantastic two double bedroom apartment with a south-west facing balcony, located in the heart of Shad Thames.

The 880 sq/ft apartment is in excellent condition and consists of a bright and spacious open plan kitchen/reception room that leads on to a south west facing balcony. Both bedrooms are good size doubles with the main bedroom having built in wardrobes . There is also a secure off street parking space.

**Situation**

Millennium Square is on the quiet Shad Thames, moments from the waterfront and close to the large variety of bars and restaurants that Shad Thames has to offer. London Bridge (National Rail services, Northern and Jubilee lines), Bermondsey Station (Jubilee Line), Tower Hill (Circle and District lines) and Tower Gateway (DLR) are all close by. City Airport is only 35 min away by rail.

## Property Photos

- ![Picture 1](/listings/photos/84436676/356654) - Picture 1
- ![Picture 2](/listings/photos/84436676/356656) - Picture 2
- ![Picture 3](/listings/photos/84436676/356658) - Picture 3
- ![Picture 4](/listings/photos/84436676/356660) - Picture 4
- ![Picture 5](/listings/photos/84436676/356662) - Picture 5
- ![Picture 6](/listings/photos/84436676/356663) - Picture 6
- ![Picture 7](/listings/photos/84436676/356665) - Picture 7
- ![Picture 8](/listings/photos/84436676/356666) - Picture 8
- ![Picture 9](/listings/photos/84436676/356667) - Picture 9
- ![Picture 10](/listings/photos/84436676/356668) - Picture 10
- ![Picture 11](/listings/photos/84436676/356669) - Picture 11
- ![Picture 12](/listings/photos/84436676/356670) - Picture 12
- ![Picture 13](/listings/photos/84436676/356671) - Picture 13
- ![Picture 14](/listings/photos/84436676/356672) - Picture 14

## Floorplans

- ![Floorplan](/listings/photos/84436676/356675) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/84436676/356676) - EPC Rating Graph

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 1 FLAT 8 MILLENNIUM SQUARE, LONDON, SOUTHWARK, GREATER LONDON, SE1 2PW | £685,000 | 14/02/2020 | Flat |
| 1 FLAT 8 MILLENNIUM SQUARE, LONDON, SOUTHWARK, GREATER LONDON, SE1 2PW | £620,000 | 08/05/2013 | 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 |
|---------|-------|------|------|
| THE CIRCLE FLAT 358 QUEEN ELIZABETH STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2JU | £685,000 | 24/11/2025 | Flat |
| ST. ANDREWS WHARF, 12 FLAT 48 SHAD THAMES, LONDON, SOUTHWARK, GREATER LONDON, SE1 2YN | £575,000 | 14/11/2025 | Flat |
| 10 FLAT 2 MILL STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2AY | £1,515,000 | 14/11/2025 | Flat |
| THE CIRCLE FLAT 236 QUEEN ELIZABETH STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2JN | £599,000 | 15/09/2025 | Flat |
| THE CIRCLE FLAT 164 QUEEN ELIZABETH STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2JL | £710,775 | 23/07/2025 | Flat |
| THE CIRCLE FLAT 271 QUEEN ELIZABETH STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2JW | £525,000 | 18/07/2025 | Flat |
| SCOTTS SUFFERANCE WHARF, 5 FLAT 84 MILL STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2DF | £390,000 | 06/03/2025 | Flat |
| JAVA WHARF, 16 FLAT 13 SHAD THAMES, LONDON, SOUTHWARK, GREATER LONDON, SE1 2YH | £380,100 | 18/12/2023 | Flat |
| THE CIRCLE FLAT 276 QUEEN ELIZABETH STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2JW | £517,000 | 15/12/2023 | Flat |
| DEVON MANSIONS FLAT 463 JAMAICA ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE1 2BU | £420,000 | 08/12/2023 | Flat |
| THE CIRCLE FLAT 261 QUEEN ELIZABETH STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2JW | £383,400 | 24/11/2023 | Flat |
| SAFFRON WHARF, 20 FLAT 11 SHAD THAMES, LONDON, SOUTHWARK, GREATER LONDON, SE1 2YQ | £1,475,000 | 24/11/2023 | Flat |
| DEVON MANSIONS FLAT 415 TOOLEY STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2XS | £565,250 | 24/11/2023 | Flat |
| SAFFRON WHARF, 20 FLAT 10 SHAD THAMES, LONDON, SOUTHWARK, GREATER LONDON, SE1 2YQ | £1,300,000 | 23/10/2023 | Flat |
| [Same street] 1 FLAT 9 MILLENNIUM SQUARE, LONDON, SOUTHWARK, GREATER LONDON, SE1 2PW | £810,000 | 05/10/2023 | Flat |
| TOWER BRIDGE BUILDINGS FLAT 16 MILL STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2AZ | £550,000 | 05/10/2023 | Flat |
| SCOTTS SUFFERANCE WHARF, 5 FLAT 32 MILL STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2DE | £690,000 | 04/09/2023 | Flat |
| JAVA WHARF, 16 FLAT 38 SHAD THAMES, LONDON, SOUTHWARK, GREATER LONDON, SE1 2YH | £650,000 | 21/08/2023 | Flat |
| SCOTTS SUFFERANCE WHARF, 5 FLAT 38 MILL STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2DE | £625,000 | 14/08/2023 | Flat |
| DOCKHEAD WHARF, 4 FLAT 5 SHAD THAMES, LONDON, SOUTHWARK, GREATER LONDON, SE1 2YT | £350,000 | 28/07/2023 | Flat |
| THE CIRCLE FLAT 43 QUEEN ELIZABETH STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2JG | £450,000 | 28/07/2023 | Flat |
| [Same street] 3 FLAT 6 MILLENNIUM SQUARE, LONDON, SOUTHWARK, GREATER LONDON, SE1 2PW | £470,000 | 04/11/2021 | Flat |
| [Same street] 1 FLAT 15 MILLENNIUM SQUARE, LONDON, SOUTHWARK, GREATER LONDON, SE1 2PW | £753,000 | 15/10/2021 | Flat |

**Street average:** £677,667 (3 sales)
**Area average:** £667,776 (20 sales)

## Price vs local average

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

- **Local average:** £644,923 (133 Flat, SE1, 2024–2026)
- **Deviation:** +16.3%

## 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

## 1% Rule

- **Rent ratio:** 0.32% (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:** £8,621/m²

## Capital growth trend

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

- **5y growth:** -23.4%
- **10y growth:** -64.1%

## 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)

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Property details

Tenure

LEASEHOLD

Floor area

87 m²

Year built

England and Wales: 1991-1995

Last sold

£685,000 Feb 2020

Price per m²

£8,621/m²

Local average

£644,923 (+16.3%)

Deprivation

Decile 9 (29,531 of 33,755)

Street crime

1739 incidents within 1 mile (Apr 2026)

Key features

2 Bedrooms
Balcony
Parking
Built In Storage

Additional details

Parking: Yes

Description

A fantastic two double bedroom apartment with a south-west facing balcony, located in the heart of Shad Thames.

The 880 sq/ft apartment is in excellent condition and consists of a bright and spacious open plan kitchen/reception room that leads on to a south west facing balcony. Both bedrooms are good size doubles with the main bedroom having built in wardrobes . There is also a secure off street parking space.

Situation

Millennium Square is on the quiet Shad Thames, moments from the waterfront and close to the large variety of bars and restaurants that Shad Thames has to offer. London Bridge (National Rail services, Northern and Jubilee lines), Bermondsey Station (Jubilee Line), Tower Hill (Circle and District lines) and Tower Gateway (DLR) are all close by. City Airport is only 35 min away by rail.

Listed by

Tower Bridge

Countrywide Hamptons Sales - Connells

Reference: 84436676

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

EPC Rating Graph

Price history

10% since 2013

Event	Date	Price	% change
Sold	14/02/2020 (6 years ago)	£685,000	+10.5%
Sold	08/05/2013 (13 years ago)	£620,000	—

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
THE CIRCLE FLAT 358 QUEEN ELIZABETH STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2JU	£685,000	24/11/2025	Flat
ST. ANDREWS WHARF, 12 FLAT 48 SHAD THAMES, LONDON, SOUTHWARK, GREATER LONDON, SE1 2YN	£575,000	14/11/2025	Flat
10 FLAT 2 MILL STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2AY	£1,515,000	14/11/2025	Flat
THE CIRCLE FLAT 236 QUEEN ELIZABETH STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2JN	£599,000	15/09/2025	Flat
THE CIRCLE FLAT 164 QUEEN ELIZABETH STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2JL	£710,775	23/07/2025	Flat
THE CIRCLE FLAT 271 QUEEN ELIZABETH STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2JW	£525,000	18/07/2025	Flat
SCOTTS SUFFERANCE WHARF, 5 FLAT 84 MILL STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2DF	£390,000	06/03/2025	Flat
JAVA WHARF, 16 FLAT 13 SHAD THAMES, LONDON, SOUTHWARK, GREATER LONDON, SE1 2YH	£380,100	18/12/2023	Flat
THE CIRCLE FLAT 276 QUEEN ELIZABETH STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2JW	£517,000	15/12/2023	Flat
DEVON MANSIONS FLAT 463 JAMAICA ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE1 2BU	£420,000	08/12/2023	Flat
THE CIRCLE FLAT 261 QUEEN ELIZABETH STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2JW	£383,400	24/11/2023	Flat
SAFFRON WHARF, 20 FLAT 11 SHAD THAMES, LONDON, SOUTHWARK, GREATER LONDON, SE1 2YQ	£1,475,000	24/11/2023	Flat
DEVON MANSIONS FLAT 415 TOOLEY STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2XS	£565,250	24/11/2023	Flat
SAFFRON WHARF, 20 FLAT 10 SHAD THAMES, LONDON, SOUTHWARK, GREATER LONDON, SE1 2YQ	£1,300,000	23/10/2023	Flat
Same street 1 FLAT 9 MILLENNIUM SQUARE, LONDON, SOUTHWARK, GREATER LONDON, SE1 2PW	£810,000	05/10/2023	Flat
TOWER BRIDGE BUILDINGS FLAT 16 MILL STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2AZ	£550,000	05/10/2023	Flat
SCOTTS SUFFERANCE WHARF, 5 FLAT 32 MILL STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2DE	£690,000	04/09/2023	Flat
JAVA WHARF, 16 FLAT 38 SHAD THAMES, LONDON, SOUTHWARK, GREATER LONDON, SE1 2YH	£650,000	21/08/2023	Flat
SCOTTS SUFFERANCE WHARF, 5 FLAT 38 MILL STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2DE	£625,000	14/08/2023	Flat
DOCKHEAD WHARF, 4 FLAT 5 SHAD THAMES, LONDON, SOUTHWARK, GREATER LONDON, SE1 2YT	£350,000	28/07/2023	Flat
THE CIRCLE FLAT 43 QUEEN ELIZABETH STREET, LONDON, SOUTHWARK, GREATER LONDON, SE1 2JG	£450,000	28/07/2023	Flat
Same street 3 FLAT 6 MILLENNIUM SQUARE, LONDON, SOUTHWARK, GREATER LONDON, SE1 2PW	£470,000	04/11/2021	Flat
Same street 1 FLAT 15 MILLENNIUM SQUARE, LONDON, SOUTHWARK, GREATER LONDON, SE1 2PW	£753,000	15/10/2021	Flat

Street average: £677,667 (3 sales)

Area average: £667,776 (20 sales)

Capital growth trend

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

5y growth -23.4%

10y growth -64.1%

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%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: PTY HOLDINGS LIMITED (12077794)

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	295
Violence and sexual offences	292
Other theft	279
Shoplifting	99
Public order	76
Robbery	70
Burglary	68
Criminal damage and arson	68
Drugs	63
Vehicle crime	61
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

Rental listings exist nearby, but none matched the 2-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.32%

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).