01·London submarket · Zone 1

Southbank & Waterloo

Riverside views, brutalist culture (Southbank Centre, Tate Modern), and pricing 25–35% below West End. The smart-money submarket.

Waterloo (Bakerloo, Jubilee, Northern)London Bridge (Jubilee, Northern, mainline)Southwark

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London · SE1

02·Pricing — Southbank & Waterloo

£475–800

Private office /desk/month

£375–625

Dedicated desk /month

£60–85

Grade A lease /sqft/yr

£5.2–9.0k

10-person all-in /month

03·About

About Southbank & Waterloo

Southbank stretches from Lambeth Bridge to Tower Bridge along the south side of the Thames. The office stock is a mix of brutalist 1960s towers (Sea Containers, IBM South Bank), 1990s glass (More London — Mayor's office and HQs of Norton Rose, Ernst & Young) and new build around Bankside (Blue Fin Building, Bankside 1–3). Floorplates are large and modern. Pricing is materially below West End and City Core for equivalent quality, and the location is unbeatable for client-facing creative businesses thanks to the Tate Modern, National Theatre and Southbank Centre.

04·Who moves here

Media (Sky-adjacent), consultancies, design, professional services, scaling tech.

05·Trade-offs

Why move to Southbank & Waterloo

River views and cultural neighbours
25–35% cheaper than equivalent West End
Large modern floorplates
Three mainline stations within 10 minutes

Watch-outs

Tourist crowds along the Queen's Walk
Some 1980s stock feels dated
Lunch options can be touristy
South of the river still feels 'separate' to West End clients

06·Real offices nearby

Live offices closest to Southbank & Waterloo

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07·FAQ