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1 bed flat for sale

£1,250,000 (£1,817/sq. ft)

South Bank Tower, 55 Upper Ground, London SE1

1 1 688 sq. ft*
Interested in this property? Call 020 8022 6030 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Integrated Comfort Cooling System with Individual Room Controls
  • Ceiling Heights of Approximately 2.6m in Living Areas/Bedrooms
  • Whole House Completely Integrated Ventilation/Heat Recovery System
  • Siemens Integrated Appliances in Kitchen (dishwasher and fridge freezer)
  • Oak Timber Flooring, Underfloor Heating and LED Downlighters Throughout
  • Residents Sports Facilities with 20m Naturally-Lit Swimming Pool
  • Residents 10th Floor Roof Garden with Views Over Central London
  • Secure access-controlled basement car par / cycle spaces
  • 10 year warranty / 999 year lease

Property description

South Bank Tower is an outstanding new development in a much sought after location by the banks of the River Thames. Its innovative design and strong environmental credentials ensured it has been shortlisted for Development of the Year in the 2015 resi Awards celebrating the industry's most exceptional projects demonstrating excellence in the field.
This modern bright 15th floor 1 bedroom apartment (688 sq. Ft.) offers contemporary luxury at an exceptional price with the comfort of 24 hour security and porterage provided by Consort 24 headed by General Manager Hugo Pena previously of The Savoy and The Four Seasons hotels.

The apartment is entered via full height entrance doors and has Oak timber flooring with underfloor heating throughout. The purity of the design defines quiet elegance combined with contemporary luxury. Materials are authentic, tactile and of superlative quality.
An integrated comfort cooling system with individual controls to the living/dining rooms and bedroom and recessed LED downlighters have been situated throughout the apartment creating an atmosphere of calm and elegance throughout.
The bedroom offers ceiling heights of approximately 2.6m and is fitted with full height wardrobes with automatic interior lighting. The apartment is pre-wired for a home entertainment system.
The kitchen is fitted with high specification contemporary features including quartz stone composite worktops, concealed worktop lighting, ceiling downlighters and integrated Seimens appliances.
The bathroom includes a spacious ensuite with white bath, thermostatic shower with ceiling mounted shower head and wall mounted body spray head.
Floor to ceiling windows maximise natural light and frame the breathtaking views over the River Thames and Tower Bridge.
Superb residents facilities include access to the on-site 20 metre swimming pool lit by natural daylight from skylights, sauna and steam room.
On the roof of the podium at South Bank Tower is a fabulous roof garden with spectacular views across London. There are additional resident facilities including a business suite and lounge available for the residents to book and South Bank Towers new neighbour The Mondrian hotel is offering residents preferential access including special room rates, restaurant and bar discounts and bespoke party services.
A new Waitrose supermarket is under construction and the outstanding transport links give you access to 5 underground stations.
An apartment of this standard and in such a sought after location will not be available for long. Early viewing is highly recommended.

Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £815,735 Sales 551 Current average value £767,460 (Zoopla Zed-Index) Value change £35,357 ▲ 4.83%

What is the current average value of properties in SE1?

The current average value in SE1 in January 2017 is £767,460. This has increased 0.31% from October 2016. Terraced properties sold for a current average value of £844,710 and semi-detached properties valued £758,792. In the past year property prices in SE1 have increased 4.83%. This is according to the current Zoopla estimates.

Property value data/graphs for SE1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £826,457 £1,035 3.1 £1,279,000
Semi-detached £758,792 £810 3.1 £831,111
Terraced £844,710 £834 3.0 £907,087
Flats £760,788 £1,014 1.9 £807,834

Current asking prices in SE1

Average: £1,313,988
Avg. current asking prices in SE1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £620,000
(4)
£1,501,068
(14)
£1,659,545
(11)
£2,386,250
(4)
-
Flats £770,283
(361)
£1,348,844
(402)
£2,366,037
(172)
£593,317
(3)
-
All £768,637
(365)
£1,353,967
(416)
£2,323,570
(183)
£1,617,850
(7)
-

Current asking rents in SE1

Average: £2,382 pcm
Avg. current asking prices in SE1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,934 pcm
(14)
£3,430 pcm
(19)
£3,641 pcm
(11)
£3,074 pcm
(9)
£4,333 pcm
(1)
Flats £1,931 pcm
(446)
£2,521 pcm
(504)
£3,221 pcm
(120)
£2,833 pcm
(28)
£3,250 pcm
(1)
All £1,931 pcm
(460)
£2,554 pcm
(523)
£3,257 pcm
(131)
£2,892 pcm
(37)
£3,792 pcm
(2)

Fun facts for SE1

Highest value in SE1
Highest value streets Zed-Index
Holland Street £2,994,956
Clink Street £1,961,069
Whites Grounds £1,748,481
Barkham Terrace £1,726,368
Mill Street £1,651,711
Highest turnover in SE1
Highest turnover streets Turnover
Koops Mill Mews 60.0%
Welsford Street 46.4%
Wilds Rents 32.8%
Sumner Street 32.7%
Bermondsey Square 31.6%

What Zoopla users think of SE1

Overall rating:

  • currently 4 stars
Very good - 81% (287 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
  • currently stars
  • 1
  • 2
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  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Borough (0.1 miles)
  • London Bridge (0.4 miles)
  • Southwark (0.5 miles)
  • London City Airport (6.4 miles)
  • London Heathrow Airport (15.9 miles)
  • London Gatwick Airport (24.9 miles)
  • Bankside Pier (0.4 miles)
  • London Bridge City Pier (0.5 miles)
  • Tower Millennium Pier (0.7 miles)

Nearby schools

View all schools in Southwark
  • The Cathedral School of St Saviour and St Mary Overy (0.1 miles)
  • Saint Joseph's Catholic Primary School, the Borough (0.1 miles)
  • London Christian School (0.2 miles)
  • London College of Printing & Distributive Trades (0.7 miles)
  • Morley College (0.8 miles)
  • King's College London Maths School (0.9 miles)
  • Ark Globe Academy (0.6 miles)
  • Chrysolyte Independent Christian School (0.6 miles)
  • City of London School (0.6 miles)
Note: Distances are straight line measurements

Local info for Southwark

AskMe Q&A for Southwark

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Cornerstone Realty, W1J on 020 8022 6030 * (local rate)

Monthly running costs Beta

£4,297 Monthly total
Mortgage
Purchase price
Deposit (10%) 125,000
Repayment term 25
Interest rate 0.5
Your payment £3,990 /mo Find available rates

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £36/mo (£433/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £23 Electricity £28 Estimated energy cost £51/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6900 kWh/year
Electricity: 2100 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Southwark

Estimated tax band G Council tax cost £201 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £9 Sewerage £10 Estimated water cost £19 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Cornerstone Realty about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cornerstone Realty, and do not constitute property particulars. Please contact Cornerstone Realty for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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