The South Bank is one of London’s most recognisable areas, packed with iconic tourist attractions and cultural hotspots. If you’re looking for some of the best new developments in the area, this is the place to start. Through the ratings of verified residents on HomeViews, we can show you the 5 best places to live on the South Bank.
5 best places to live on the South Bank
Let’s take a look at the five highest-rated new-build property developments on the South Bank. Verified residents who actually live in each development have submitted reviews of their homes to HomeViews. From this, you can discover the best new homes on offer across the South Bank, according to unbiased, independent reviews.
*PLEASE NOTE these rankings take into account how recently reviews have been submitted, so may not match the overall star ratings shown. More recent reviews are given a greater weighting to reflect current building performance.
Living on the South Bank – What can you expect?
The South Bank is smart, busy and full of things to do. It stretches from Blackfriars Bridge at its eastern end to Westminster Bridge in the west. Living here puts you within easy reach of many of London’s best shopping, dining, nightlife and entertainment options. These range from big-name attractions like the London Eye, Tate Modern and National Theatre, to a near-endless supply of pub, club, bar and restaurant choices.
Getting around the South Bank is easy too. It’s a pleasure to walk around, but there’s excellent public transport coverage. Waterloo Station is on the South Bank itself, and three other main railway stations are nearby. These are Charing Cross, Blackfriars and London Bridge.
As for the Underground, Waterloo, Blackfriars, Westminster, Embankment, Temple, Southwark and Lambeth North Stations are dotted across the area. Bus links are also plentiful here.
Average property prices on the South Bank
Flats are the overwhelming property type available on the South Bank. You won’t find any big detached houses with gardens here, but there’s a wide range of apartments and occasionally some terraced housing becomes available.
Prices are, understandably, very high across the area due to its desirable location. In September 2024, Rightmove’s average price for property for the South Bank stood at around £889,000, which is almost 10% higher than the London average of £816,000. This was based on the value of properties sold in the area in the previous 12 months, which amounts to just 67 homes, adding a premium to the prices in the area.
If you want to rent property on the South Bank, expect to pay around £3,467 PCM. Again, this is high compared to the London average of £3,000 PCM. However, the quality of property is also almost universally high in this area. Most flats enjoy excellent access to the area’s amenities and great views of the River Thames.
If this quick look at some of the best new developments on the South Bank has inspired you to explore the area further, take a look at our area guide. This will give you more information on what it’s like to live here, and even more developments to buy or rent in South Bank.
HomeViews is the only independent review platform for residential developments in the UK. Prospective buyers and tenants use it to make an informed decision on where to live based on insights from carefully verified resident reviews. Part of Rightmove since February 2024, we’re working with developers, house builders, operators, housing associations and the Government to give residents a voice, recognise high performers and to help improve standards across the industry.
