Summary - Flat 11, 8 Bermondsey Square SE1 3UN
1 bed 1 bath Studio
Chain-free studio with private patio near London Bridge — short lease requires caution.
Private lower-ground patio in Bermondsey Square
Set in sought-after Bermondsey Square, this compact lower-ground studio offers a private patio and direct access to Bermondsey Street’s restaurants, Borough Market and London Bridge. The apartment is chain-free and bright, with a semi open-plan kitchen, sash-style double-glazed windows and gas central heating — a practical pied-à-terre or let in a highly central location.
Important: the lease is short (about 62–63 years remaining). Many mortgage lenders may refuse to lend on properties with this lease length, which materially affects purchase options and value. Service charge and ground rent are approximately £1,955pa and £250pa respectively.
Internally the flat is well-presented with modern kitchen finishes, laminate floors and a secure feel thanks to metal window grilles. The property sits in an older solid-brick building (c.1930–49) with assumed uninsulated walls and pre-2002 double glazing — refurbishment or insulation upgrades could improve comfort and running costs.
Practical factors to note: broadband speeds are very slow despite excellent mobile signal, the area records higher crime levels, and the property is a small 327 sq ft lower-ground studio. It currently achieves rental income of £1,600 pcm, but the short lease may limit future mortgage and letting appeal. Suitable buyers are those who understand short-lease implications or cash buyers/investors prepared to extend the lease at cost.
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