Waterloo is a prime location for budget travelers in London. It offers easy access to major attractions like the London Eye, Tate Modern, and the South Bank. Cheap hotels in this area provide essential amenities such as free WiFi, 24-hour reception, and breakfast options, making them ideal for tourists and business visitors alike. Typical rates range from £70 to £120 per night, depending on the season and facilities.
Among the top-rated options, The Mad Hatter Hotel stands out with its Fabulous 86 rating, housed in a historic hat factory with a charming pub offering home-cooked meals. Holiday Inn Express Southwark provides air-conditioned rooms and a continental breakfast, while Ibis London Blackfriars boasts a 24-hour menu and modern design. Point A Hotel London Waterloo features compact, smartly designed rooms with Hynosis beds and USB charging ports. The Wellington Hotel, steps from the London Eye, offers a traditional pub atmosphere with hearty dishes. For those preferring self-catering, Stow Away Waterloo provides a studio apartment with kitchenette. These hotels ensure a comfortable stay without breaking the bank.