Living in Waterloo

Waterloo is a busy district in Central London, and part of the London Borough of Lambeth. Although it’s well known for its train station, there’s a lot to explore beyond here. Waterloo is rich in theatres, cafes, bars, and restaurants. 

Area Key Takeouts

Excellent Ameneties

Excellent Transport Links

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Waterloo in a snapshot

1

Waterloo rail and Underground station is located in Zone 1. There are plenty of bus connections in the area and most of Central London is within easy walking or cycling distance.

2

Waterloo is one of the busiest parts of London thanks to its train station. It’s estimated that around 170 million passengers use Waterloo Train Station each year. 

3

Waterloo is surrounded by some of London’s most iconic attractions, including the Houses of Parliament, Big Ben, Westminster Abbey and the London Eye. 

Demographic

Young Professionals, Working Professionals 

Attributes

Restaurants, Cafes, Bars, Transport links, Nightlife

Safety

The crime rate in this area is slightly higher than average which is not unusual for a tourist area that attracts a lot of foot traffic. If you’re living in Waterloo, be sure to take the normal precautions and stick to well lit areas when possible

Welcome to Waterloo

A bustling area with a range of entertainment options, and excellent transport links, these are our top picks for living in Waterloo.

Watch a show at the Old Vic

Some of London’s most renowned and respected theatres can be found in Waterloo, with the most notable theatre being the Old Vic. It is an independent nonprofit theatre that has seen many celebrities pass through its doors. It stands just south-east of Waterloo Station.

Explore South Bank

South Bank is the heart of London’s cultural scene. Wander along the tree lined river and enjoy arts and cultural venues, stylish restaurants and scenic views. You’ll often find seasonal events and street performers along the path too. Head down to the South Bank market for a huge selection of food stalls. 
 

Browse second hand books under Waterloo Bridge

If you’re living in Waterloo, check out the Southbank Centre Book Market, located under Waterloo Bridge. You’ll find hundreds of second-hand books on sale. It’s one of the only permanent outdoor second-hand book markets in the south of England. The bridge provides enough shelter that the book market can stay open in all weathers.

Waterloo

Ameneties

Supermarkets
Tesco Express , Sainsbury's Local
Gyms
The Gym Group London Waterloo , PureGym , King’s Sport

Universities

BPP University London Waterloo
King’s College London Waterloo Campus

Transport Links

Train Station
Waterloo National Rail Station
Tube Station
Waterloo Underground Station
Bus Services
1, 26, 59, 68, 76, 77, 139, 168, 172, 176, 188, 211, 243, 341, 381, 507, 521, N1, N68, N171, N343, N381

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Cost of living in the area

Monthly Rent Average

House

£5130

Per month, based on a 3 bedroom property

Halls

£1360

Per month, dependant on chosen halls

Cost of Bills

Utilities

£110

Per month

Wi-Fi

£30

Per month

Council Tax

£1591

Per year

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Connectivity

Fibre Download Speed

80Mbps

Fibre Upload Speed

20Mbps

Other Expenses

Pint of Beer

£5

Gym membership

£30

Weekly food shop

£30

The best spots in Waterloo

For Coffee

Gail’s Bakery

More than 30 types of bread are offered at this chain bakery serving coffee, breakfast and lunch

For Brunch

Balance Waterloo

A laid-back cafe featuring health-conscious, area-sourced meals, plus coffee, smoothies & cakes.

For Dinner

Draught’s Waterloo

A quirky board game restaurant, serving delicious food whilst you roll the dice.

For Drinks

The Duke of Sussex

A pub serving real ale, wine and seasonal cocktails. As well as a huge beer garden perfect for summer.

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Frequently asked questions about Waterloo

What is Waterloo London known for?

Most famously, Waterloo is known for its major train terminus, London Waterloo Train Station. Waterloo is Britain's largest and busiest station. 

Is Waterloo in the congestion Zone?

Areas inside the congestion charge zone include: 

  • Barbican
  • Bloomsbury
  • Borough
  • Charing Cross
  • City of London
  • Clerkenwell
  • Covent Garden
  • Euston, Finsbury
  • Green Park, Holborn
  • Lambeth, Marylebone
  • Mayfair, Newington
  • Soho, Southwark
  • St James
  • St Pancreas
  • Waterloo
  • Westminster

Is Waterloo London a nice place to live?

Living in Waterloo is ideal for a young professional. Waterloo is the ideal location to get into Central London. With world class theatres, plenty of lovely restaurants and scenic views wherever you look.

What borough is Waterloo in?

Waterloo is in the London Borough of Lambeth. 

What is the average price of rent in Waterloo?

Based on a three bed property, the average price of rent for living in Waterloo is £5130. 

How much does Council Tax cost in Waterloo?

In the borough of Lambeth, where you’ll find Waterloo, the average cost of Council Tax based on a band D property is £1,227.93 per year.

Letting agents in Waterloo

Oakmans Estate Agents

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Resooma

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Urbanest UK

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The Stay Club

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The Nido Collection

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Bethnal Student Living

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Neighbouring areas to Waterloo