1/8
£350,000
1 bed · 1 bath · 536 sq ft
Townsend Street, London, SE17
0.03 miles
away
Leasehold
Added on 16/09/2026 
1/16
1/16
£225,000
Asking price Flat for sale Preston Close, Borough, London, SE1
1
bath Studio
Leasehold
Added on 21/09/2026
About this property
Nestled on the top floor of an elegant period building, this modern presented studio apartment offers a unique blend of character and easy living. With no onward chain, residents will appreciate the effortless access to the vibrant amenities of both Old Kent Road and Bermondsey. Experience urban convenience in a spacious setting.
Key features
- Studio flat
- Period property
- Double bedroom
- Chain free
- Top floor
- Separate eat-in kitchen
- Excellent transport links
- 341 Sqft/ 31.68 Sqm
- EPC Rating E
Floorplan
Energy performance
Energy rating band E 43
Current
Potential
92+
A
81-91
B
69-80
C
Potential rating: 80 C
55-68
D
39-54
E
Current rating: 43 E
21-38
F
1-20
G
This home is rated band E, scoring 43 out of 100. The average British home is band D. Its certificate says it could reach band C (80) if the improvements it recommends were carried out.
Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.
Price guide
This home
£660 / sq ft
Area average (sold)
£851 / sq ft
Price per area, sold homes nearby
£581 / sq ft
£660 / sq ft
£1,146 / sq ft
Lowest
This home
Highest
£660 per sq ft, below the middle of recent sales in SE1 (£581–£1,146, 10th–90th percentile, 1,233 sales over 24 months).
Lowest and highest are the 10th and 90th percentiles of 1,233 homes sold in SE1 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in SE1 →
Location
Preston Close, Borough, London, SE1, SE1 4NZ
- Council tax
- Band D (Approx £1,967/year)The agent has not stated the band, so band D is shown as the local reference: Southwark's 2026/27 area average, including the typical parish precept. The actual band and any discounts change the bill.
Mortgage and stamp duty
Property price £225,000
£112k £338k
Deposit10% £23,000
£0 £225k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £202,000 mortgage. Most lenders would want a household income of about £45,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Historic sold prices nearby
HM Land Registry sales in SE1 4NZ. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| Flat 13, Preston House, Preston Close Flat / maisonette | Flat / maisonette | Mar 2024 | 301 sq ft £796/sq ft | 301 sq ft | £796 | £240,000 |
| Flat 8, Preston House, Preston Close Flat / maisonette | Flat / maisonette | Dec 2023 | 312 sq ft £753/sq ft | 312 sq ft | £753 | £235,000 |
| Flat 1, Preston House, Preston Close Flat / maisonette | Flat / maisonette | Sept 2023 | 624 sq ft £601/sq ft | 624 sq ft | £601 | £375,000 |
| Flat 4, Preston House, Preston Close Flat / maisonette | Flat / maisonette | Apr 2023 | 344 sq ft £688/sq ft | 344 sq ft | £688 | £237,000 |
| Flat 18, Preston House, Preston Close Flat / maisonette | Flat / maisonette | Mar 2022 | 301 sq ft £770/sq ft | 301 sq ft | £770 | £232,000 |
| Flat 10, Preston House, Preston Close Flat / maisonette | Flat / maisonette | Mar 2021 | 312 sq ft £785/sq ft | 312 sq ft | £785 | £245,000 |
| Flat 15, Preston House, Preston Close Flat / maisonette | Flat / maisonette | May 2019 | 344 sq ft £711/sq ft | 344 sq ft | £711 | £245,000 |
| Flat 1, Preston House, Preston Close Flat / maisonette | Flat / maisonette | Sept 2018 | 624 sq ft £577/sq ft | 624 sq ft | £577 | £360,000 |
Area insights
The neighbourhood around this property.
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