Summary - MAGDALEN STREET, SE1 SE1 2RH
1 bed 1 bath Apartment
Minutes from London Bridge with balcony and refurbishment potential.
500 sq ft one-bedroom, practical first-floor layout with balcony
This well-located first-floor one-bedroom apartment offers practical central London living minutes from London Bridge station. At around 500 sq ft it’s a comfortable size for a first-time buyer seeking excellent transport links, plentiful local amenities and a short commute to the City, West End and Canary Wharf. The building is modern with a balcony, double glazing and gas central heating.
The flat has been let for several years and is in good, liveable condition; it offers scope for a buyer to add personal design touches and increase value through mild refurbishment. Available chain-free and with 107 years remaining on the lease, it suits someone aiming for a straightforward purchase close to major transport hubs.
Costs and local factors are straightforward: a service charge of about £2,000pa and ground rent of £200pa apply, and the area is an inner-city, multicultural, student-focused neighbourhood with above-average crime levels — factors buyers should weigh against the location and rental potential. Flood risk is very low and mobile and broadband connectivity are strong.
Overall this is a practical, well-situated starter home or rental proposition for buyers who prioritise transport, amenities and refurbishment upside, while accepting the central urban context and associated costs.
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