1/15
£410,000
Semi-detached · 1 bed · 1 bath · 299 sq ft
Launcelot Street, London, SE1
0.01 miles away
Leasehold
1/9
1/9
1 bed flat for sale Launcelot Street, London, SE1
Asking Price
£300,000
Reduced on 07/10/2026
Reduced on 07/10/2026
- Type
- Flat
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- £997 per sq ft
- Tenure
- Leasehold
About this property
A one double bedroom apartment situated on the second floor of this period conversion located just off Lower Marsh in Waterloo. The property comprises; reception room with open-plan kitchen, good-sized double bedroom and shower room plus separate cloakroom.
The property is ideally located for access to all the shops and cafes on Lower Marsh as well as only a few minutes’ walk to Waterloo Station.
Floorplan
Council tax
Ask agent
Per year
- Band A£1,312
- Band B£1,530
- Band C£1,749
- Band D£1,967
- Band E£2,404
- Band F£2,842
- Band G£3,279
- Band H£3,935
The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Southwark, 2026/27 bills run from £1,312 a year in band A to £3,935 in band H.
Figures from MHCLG (Open Government Licence v3): the average bill for each band across Southwark, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.
Property timeline
- ReducedOctober 2026 £300,000
Was £325,000
- ListedSeptember 2026 £325,000
1 bed · 1 bath · this listing
Past sales can't be shown: the agent hasn't given the flat number.
Price guide
100 comparables · within 0.8 milesCheaper than 97% of the 1-bed flats for sale nearby right now.
This home, £300,000 Median £500,000 · £350,000 – £973,000
Per square foot
£997 8% over
1-bed flats nearby £919
Against sold prices
22% over
SE1 sold median £820 / sq ft, 1,276 sales
Compared with 100 1-bed flats for sale within 0.8 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in SE1 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in SE1 →
Location
Launcelot Street, London, SE1
Mortgage and stamp duty
Property price £300,000
£150k £450k
Deposit10% £30,000
£0 £300k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £270,000 mortgage. Most lenders would want a household income of about £60,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Properties sold nearby
HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 4, 83, Launcelot Street Flat / maisonette | Flat / maisonette | Nov 2025 | 323 sq ft £1,161/sq ft | 323 sq ft | £1,161 | £375,000 |
| 4, 83, Launcelot Street Flat / maisonette | Flat / maisonette | Mar 2021 | 323 sq ft £1,068/sq ft | 323 sq ft | £1,068 | £345,000 |
| 4, 83, Launcelot Street Flat / maisonette | Flat / maisonette | Sept 2003 | 323 sq ft £530/sq ft | 323 sq ft | £530 | £171,000 |
| 3, 83, Launcelot Street Flat / maisonette | Flat / maisonette | Jan 2003 | 291 sq ft £530/sq ft | 291 sq ft | £530 | £154,000 |
| 4, 83, Launcelot Street Flat / maisonette | Flat / maisonette | Oct 2002 | 323 sq ft £542/sq ft | 323 sq ft | £542 | £175,000 |
| Flat 6, 83, Launcelot Street Flat / maisonette | Flat / maisonette | Jun 2001 | 291 sq ft £444/sq ft | 291 sq ft | £444 | £129,000 |
| 2, 83, Launcelot Street Flat / maisonette | Flat / maisonette | Jul 2000 | 280 sq ft £429/sq ft | 280 sq ft | £429 | £120,000 |
| Flat 6, 83, Launcelot Street Flat / maisonette | Flat / maisonette | Jan 2000 | 291 sq ft £396/sq ft | 291 sq ft | £396 | £115,000 |
Area insights
The neighbourhood around this property.
