Summary - FLAT 4, MARKSTONE HOUSE, LANCASTER STREET SE1 0RL
3 bed 1 bath Flat
Central SE1 apartment with balcony and large living space minutes from major stations.
- West-facing, private balcony overlooking communal gardens
- Spacious living room plus large kitchen-diner
- Three double bedrooms in 837 sq ft (practical layout)
- Third-floor walk-up; no lift access
- Single bathroom plus separate WC for three bedrooms
- Leasehold with 89 years remaining; ground rent £10 p.a.
- Mid‑20th century solid brick walls; likely no cavity insulation
- Local area: excellent transport but above-average crime rates
This spacious west-facing three-bedroom flat offers generous room sizes and a private balcony overlooking communal gardens — rare for a central SE1 location. The living room is large and well-lit, and the kitchen-diner provides a practical family space. Good natural light, double glazing and fast broadband make the apartment comfortable and well-connected for everyday city living.
Lancaster Street sits tucked off Blackfriars Road with Waterloo, Southwark and Blackfriars stations within easy reach, plus the Cut, Lower Marsh and South Bank on your doorstep. Local schools rated Good or Outstanding are nearby, making the location convenient for families. The flat’s 837 sq ft footprint is sensible for three double bedrooms and a separate reception, giving clear separation between daytime and sleeping areas.
Key practical points are straightforward: the property is leasehold with 89 years remaining and a low annual ground rent of £10. The flat is on the third floor of a walk-up block (no lift) and has a single bathroom plus separate WC — something to consider for larger households. The building dates from the mid-20th century and has solid brick walls likely without cavity insulation, so buyers should allow for potential energy-efficiency improvements.
This apartment will suit owner-occupiers seeking roomy, centrally located accommodation and buy-to-let investors targeting strong rental demand in SE1. It also has clear refurbishment potential for those wanting to update finishes and improve heating/insulation. Be mindful of the local area’s above-average crime indicators and pockets of deprivation when weighing comfort and resale expectations.
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