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For saleReduced 6 Nov 2026
£450,000

Scovell Road, Southwark, London, SE1 1QF

2bedrooms
1bathroom
Flattype
589sq ft
Leaseholdtenure

Listed 18 Sept 2026 · price reduced 6 Nov 2026 · Southwark

How the price compares

This home£450,000£764 per sq ft
Median 2 bed in SE1£750k115 homes listed · £977 per sq ft
Difference-40%below the area median

Key features

  • Two bedroom apartment
  • Private balcony
  • Finished to an excellent standard
  • Bright and well proportioned accommodation
  • Easy reach of Borough and London Bridge stations
  • Convenient for the South Bank and River Thames
  • Approximate Area = 589 sq ft / 54.7 sq m
  • EPC Rating D

About this home

A beautifully presented two- bedroom apartment within Lake House on Scovell Road, finished to a very good standard throughout and benefiting from a private balcony. The property offers bright, well- proportioned accommodation with a contemporary finish, making it an excellent choice for first time buyers, professionals or those seeking a well located London investment.

Lake House is superbly positioned in the heart of SE1, with Borough, London Bridge and Elephant & Castle all within easy reach, providing excellent transport connections across the capital. Borough Market, Bermondsey Street and the South Bank.

Property details

Property type
Flat
Size
589 sq ft / 55 sq m
Council tax band
C
Tenure
Leasehold
Lease remaining
98 years left
Ground rent
£10 per year (Ask agent about the review period)
Service charge
£2,065.61 per year

Floorplan

Floorplan

Location

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1 on this map

  • Borough Station0.2 mi
  • Elephant & Castle (Bakerloo) Station0.3 mi
  • Elephant & Castle Station0.3 mi

What nearby homes sold for

Median sold prices in SE1 over the last 12 months: flat £550k · terraced £840k · semi-detached £1.04m · detached £755k.

AddressTypeSoldPrice
Flat 3, Lake House, Scovell Road
London SE1 1QF		Flat
Leasehold		12 Jun 2026£392,500
Flat 9, Lake House, Scovell Road
London SE1 1QF		Flat
Leasehold		26 Feb 2025£410,000
Flat 15, Lake House, Scovell Road
London SE1 1QF		Flat
Leasehold		29 Oct 2024£420,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in SE1

Buying costs

Monthly repayment£2,251£45,000 deposit · £405,000 loan
Stamp Duty£12,500England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Kinleigh Folkard & Hayward - Sales, London Bridge on Rightmove (original listing). First listed 18 Sept 2026; details checked 7 Nov 2026. Latest change: reduced yesterday.

Agent disclaimer

Disclaimer - Property reference KBO260175. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Kinleigh Folkard & Hayward - Sales, London Bridge. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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