Summary - MILLINERS HOUSE, 173 FLAT 12 BERMONDSEY STREET LONDON SE1 3UW
1 bed 1 bath Apartment
Warehouse-conversion one-bed with balcony near Borough Market and London Bridge.
675 sq ft (62.7 sqm) unusually large for a one-bedroom
A rare, generously proportioned one-bedroom apartment (675 sq ft / 62.7 sqm) in a stylish warehouse conversion on Bermondsey Street. The open-plan living, dining and kitchen area is bright thanks to large floor-to-ceiling windows and a balcony that extends the living space — a comfortable, move-in-ready home or let-ready investment in a sought-after central location.
Practical points are straightforward: the lease is very long (978 years) and the sale is chain free, making purchase and financing simpler. Modern finishes include engineered wood floors, integrated kitchen appliances and electric underfloor heating. Transport links at London Bridge and nearby amenities such as Borough Market, cafés and restaurants add clear rental and lifestyle appeal.
Buyers should note the material drawbacks: annual service charge is high at around £6,000, and there is a small ground rent of £250. Heating is electric rather than gas, and broadband speeds are average. The local crime rate is reported as high, which may influence some buyers or renters. There is no private garden — outdoor space is limited to the apartment’s balcony.
Overall this apartment suits a professional owner-occupier or a buy-to-let investor seeking a well-presented, characterful property in a central London pocket. The long lease and central location support future resale or rental demand, but factor the above running costs and local considerations into affordability and yield calculations.
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