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£180,000 below fair value

SE1 7BS

The Chandlery, 50 Westminster Bridge Road, Lambeth, SE1

2 Beds
2 Baths
112 m² Floor area
Type Flat
Listed 15 May 2026
Asking price £750,000
Price per m² £6,696 / m²

Loft Style | Exposed Brickwork | Original Features | 1209 Sq. Ft | Low Service Charge | Balcony | Two Double Bedrooms Plus Study | High Vaulted Ceiling (4.5m) | Approx 250 Sq. Ft Loft Storage | School Conversion | Newly Wood Double Glazed | Just £620 Per Sq Ft!

Situated on the third and fourth floors of an impressive converted school, this beautifully renovated 1,209 square-foot property which boasts original features and exposed brickwork, combines modern finishes with original architectural charm.

Upon entry, you'll find a cloakroom to the right and a bright, open-plan kitchen and living area straight ahead. The living space features a stunning 4.5m vaulted ceiling and new, east-facing double-glazed windows that flood the room with natural light. Towards the back of the room, a balcony offers a tranquil outdoor escape.

A mezzanine level overlooks the living area below, with two double bedrooms on either side and a central study with views over the living space. The study also provides a unique vantage point of the Southbank’s architectural landmarks, including the London Eye. Throughout the apartment, every room has been designed with a meticulous attention to detail and high-quality finishes. Access the loft via a pull down ladder for approximately 250 sq. ft of storage space.

Located just off Westminster Bridge Road, the property sits securely behind a coded gate and boasts over 900 years remaining on the lease, offering a fantastic opportunity for a central London home.

The Chandlery is exceptionally well-located. Covent Garden is a 20-minute walk, and Westminster is just steps away. Lambeth North station (Bakerloo line) is a short 3-minute walk (0.2 miles), with both Waterloo and Waterloo East stations nearby, providing multiple Tube and rail connections. Excellent bus routes are also close by. Nearby attractions include the Imperial War Museum and its gardens, as well as the Geraldine Mary Harmsworth Sports facility, just a 5-minute walk from the property.

Occasional parking available by 'Gentleman's Agreement' with commercial tenants.

Tenure: Leasehold 999 Years from New
Service Charge: £3209 per year
Ground Rent: £250 per year
Council Tax: Lambeth
Band: E

How the asking price has moved

May 2026
£750,000
Listed at original asking price

What similar homes actually sold for

Nearby Land Registry transactions — the data behind our fair price estimate.

Address Sold price Date Type
1 DIBDIN ROW, SE1 7BS £700,000 Nov 2022 Flat
1 DIBDIN ROW, SE1 7BS £700,000 Nov 2020 Flat
Source: HM Land Registry · SE1 7BS · Sorted by date

The Chandlery, 50 Westminster Bridge Road, Lambeth, SE1

Our fair price estimate
£930,000
Nearby sold prices per m² × UK HPI × 112 m² floor area (EPC-declared)
Asking price £750,000
Fair price £930,000
Difference ↓ £180,000 under
Price per m² £6,696 / m²
Contact landlord
About this valuation

Fair price calculated from HM Land Registry sold prices in the same postcode area, adjusted by the UK House Price Index, and multiplied by the EPC-declared floor area of 112 m². Updated daily.