Summary - 37 Lancaster Street, London Bridge SE1 0FY
1 bed 1 bath Flat
High-spec central flat with balcony, excellent transport and communal roof terrace.
High-spec finish with underfloor heating and modern fitted kitchen
Open-plan living with private balcony off living room and bedroom
Large communal roof terrace and secure bike storage
Very long lease: 990 years remaining
Total area approx. 561 sq ft (average-sized one-bedroom)
Service charge £2,680 pa; ground rent £300 pa
Community heating scheme rather than individual boiler
Area has above-average crime and local deprivation to consider
This newly renovated one-bedroom flat offers city-centre living with high-spec finishes and practical outdoor space. The open-plan reception and fully fitted kitchen suit day-to-day living and entertaining, while underfloor heating adds comfort and efficiency. A private balcony off the living room and bedroom plus a large communal roof terrace extend the apartment’s usable space.
Practical ownership features include a very long lease (990 years), secure entry, bike storage, and a utility/storage cupboard. Transport links are excellent with Waterloo, Southwark and London Bridge nearby, and a wide choice of shops, markets and eateries on the doorstep—appealing for commuters and buyers seeking a central base.
Costs and location considerations are stated plainly: an annual service charge of £2,680 and ground rent of £300 apply, and heating is via a community scheme. The property sits in an area with above-average crime statistics and pockets of deprivation; buyers should factor local conditions into their decision.
Overall, the flat suits a first-time buyer or investor after a compact, modern central London home. The long lease and strong specification reduce immediate maintenance concerns, while the service charge and surrounding neighbourhood profile are the main trade-offs to weigh.
1 bedroom flat for sale in Lancaster Street, London Bridge, SE1 — £550,000 • 1 bed • 1 bath • 561 ft²
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