Spacious city apartment near Waterloo transport and South Bank attractions.
Chain-free two-bedroom flat, almost 650 sq ft
Excellent central location with superb transport connections
Long lease — 970 years remaining (ownership security)
Service charge £3,902pa and ground rent £552pa (costly)
Cash buyers only — no mortgage financing offered
Electric storage heating; walls likely uninsulated (energy concern)
Single bathroom; suitable for sharers or small family
High local crime and area deprivation may affect lettings
This two-bedroom, chain-free flat in Westminster Bridge Road offers almost 650 sq ft in a Georgian Revival building close to Waterloo and the South Bank. The layout — two double bedrooms, a large living room and a separate fitted kitchen — suits professional sharers or a city rental. Long lease (970 years) is a major ownership advantage.
The location is a primary selling point: excellent transport links to Waterloo, Lambeth North and London Bridge, and immediate access to theatres, restaurants and cultural hubs. For investors, strong tenant demand is likely thanks to proximity to Central London workplaces, universities and entertainment districts.
Buyers should note material costs: service charge (£3,902pa) and annual ground rent (£552) are significant. Heating is by electric storage heaters and walls appear to lack insulation, which may affect energy efficiency and bills. The property is marketed to cash buyers only and sits in an area with high crime and local deprivation — factors that influence yield, tenant selection and resale strategy.
Overall, this is a centrally located flat with good space and immediate rental appeal, but it requires an informed buyer who accepts the service charges, energy costs and the local area profile.
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