The average rent price for a two bed flat in South London is between £1,500 to £2,190 per month, but can reach as high as £15,000 depending on the location and property type.
How Much is the Average Rent Cost of a Two Bed Flat in South London?
The average rent for a two-bed flat in South London falls between around £1,500 to £2,190 range but there is a great deal of variation when it comes to rental prices.
Spanning the area below the River Thames, South London encompasses many different boroughs including Bexley, Bromley, Croydon, Greenwich, Kingston, Lambeth, Lewisham, Merton, Richmond, Southward, Sutton and Wandsworth. Across these areas, prices vary drastically.
Current Rightmove listings for two bed flats in South London range from as low as £1,300 per month (Surrey) to as high as £15,000 per month for a high-end, luxury property located right on the Thames.
What Factors Influence Rent Cost in South London?
Rent cost in South London is influenced by a range of factors including:
Location: Prices range from borough to borough. Generally, the closer you want to be to Central London, the more you can expect to pay. As you get further out from the centre, the prices tend to be lower.
Size: More space usually means a higher rental price. If you have a bigger two-bedroom flat, you will likely be able to charge more rent than a small two-bed flat.
Condition of the property: More modern or well-maintained flats will be able to charge a higher rent than older properties or those in poor condition.
Amenities: Flats with more amenities, such as parking or a balcony, can usually charge higher rents.
Local property market: The amount of rent you can charge for a South London flat will depend on the market conditions of the local area. Different areas can fluctuate and that will affect rental prices.
Is It Cheaper to Rent a Two Bed Flat or Two Bed House in South London?
Generally speaking, renting a two-bed flat in London is more affordable than renting a two-bed house. However, this will depend on different factors such as the location, the overall property size, the property’s condition (e.g. modern and well-maintained or old and in poor condition) and the supply and demand of the local market.
What Areas Can You Charge More for Rent in South London?
Certain areas of South London are known for yielding higher rents as they are more in demand. Areas such as Barnes (SW13), Putney (SW15) and Wimbledon (SW19) are consistently able to charge higher rents as they are desirable South London locations. Kensington and Chelsea, Belgravia and Whitehall are also some of the highest priced locations in South London due to their luxury properties.
What Are the Most Popular Areas for Renters in South London?
When it comes to renting, tenants tend to seek out a balance of convenient location and affordable prices. In South London, Clapham Common remains a popular location for renters despite its relatively high rent (sometimes reaching over £3,000 per month).
Other South London areas which have grown in popularity for renters include Croydon and Bexley. These areas are further out but still offer convenient transport links at a more affordable price.
Cost of Two Bed Flats in South London – By Area
Here are the average costs of two-bedroom flats in popular rental areas in South London. (Data from Home.co.uk).
| Area of South London | Average Rental Price (per month) |
| Abbey Wood | £1,850 |
| Battersea | £4,026 |
| Brixton | £2,489 |
| Clapham | £2,613 |
| Croydon | £1,813 |
| Crystal Palace | £1,937 |
| Greenwich | £2,306 |
| Streatham | £2,175 |
| Sutton | £1,896 |
| Woolwich | £2,166 |
How Do I Know How Much Rent to Charge in South London?
It can be difficult to know exactly the right price for your South London property. Using a free online rental valuation tool can help you calculate the perfect rental price range – with a minimum and maximum price. This tool takes into account the local property market as well as the exact specifications of your property to give you the best price.
Alternatively, get in touch with the team at J Property Management by emailing us at info@jpropertymanagement.co.uk to find out more about how to price your property in order to attract and retain tenants at the best rental yields.
Rent Out Your Two Bed Flat in South London
It can be difficult to navigate the property market in South London, especially when it comes to setting a rental price and securing the best tenants. Working with a property management company like J Property Management can make it easier.
With us, we’ll handle the marketing of your property – setting an accurate price to maximise tenant demand and landlord profit. We’ll make sure your two-bed property is seen by the right people.
From professional photos to sharing your property on major sites and across our database, we’ll generate interest with reliable tenants. Then, we’ll even handle the enquiries, viewings and tenant screenings. So, in no time at all we’ll have the most suitable tenants for your South London property.
Email us at info@jpropertymanagement.co.uk to find out more about how to attract and retain the best tenants in South London.
