Postcode district

S1

47 for-sale listings106 to-let listingsWarm market

Median asking price

£120K

Across 47 for-sale listings

Growth, 3 years

-15.4%

A year, annualised

Gross yield

8.5%

Indicative, from listing medians

Days on market

93

Average time on market

Investment overview

Median asking price

£120K

Average £124K, range £34K to £300K

Gross yield

8.5%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-15.4%
5 yr-4.9%
10 yr-3.0%

% a year, annualised over each horizon

Market heat

Warm

93 days average time on market

Median asking rent

£850/mo

Of 106 to-let listings

Most common type

Flat

2 bedrooms on average

Market data

Listings

Summary

Homes listed

153

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£120K

Asking price range

£34K to £300K

Homes analysed

18,337

Behind the growth and area averages

For-sale listings equal 0.3% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

8.5%

  • Indicative gross yield of 8.5% from listing medians
  • Median asking rent £850 a month

HMO

Strong

Median asking price

£120K

  • Low entry price (£120K) keeps conversion costs viable
  • 67% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-15.4% a year

  • Prices moving -15.4% a year over 3 years raises resale risk
  • Slow exits: 93 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 47 in S1.