Need a space that’s ready for anything? Waterloo’s function rooms offer just that. Whatever event you're planning, a brainstorming session, a family celebration, or a birthday party, these venues provide everything from light and sound equipment to catering services. From conference spaces in Elephant and Castle to hotel function rooms in the east of Waterloo, versatile options are at your fingertips. Booking through Tagvenue gives you the advantage—quickly browse different layouts, chat with managers, and get the space that fits your needs perfectly.
The cost of function rooms averages around £1100 minimum spend per event. The final price will depend on location, size, amenities, and demand. Some venues also offer additional packages that include catering, AV equipment, or additional services. Take a look at the usual price ranges in Waterloo, based on Tagvenue data from December 2025:
| From £800 | to £2100 | minimum spend per event |
| From £50 | to £136 | per person |
| From £30 | to £119 | hire fee per hour |
Based on the popularity and user ratings on Tagvenue (updated December 2025), the best options include:
Event Space at Alaska Waterloo
in Waterloo - rated 4.9/5
Our user said: ‘The venue was perfect location wise as it is right opposite Waterloo station.’
The Blossom Tree Room at Sticky Mango Waterloo
in Waterloo - rated 4.8/5
Our user said: ‘If I have another event, I will most definitely think of this venue!’
The Secret Drawing Room at Benugo @ The BFI Southbank
in Waterloo - rated 4.7/5
Our user said: ‘Sam was fab, venue was great, operation was slick.Would book again...’
You'll find function rooms in various sizes, from smaller spots to larger venues; keep in mind that the type of space and your chosen layout will affect the capacity! Below you can see the typical venue sizes in Waterloo, together with the standard prices in each size range, based on Tagvenue data (December 2025):
| Small | up to 40 guests | prices average £1000 minimum spend per event |
| Medium | between 50 and 100 guests | prices average £800 minimum spend per event |
| Large | over 140 guests | prices average £3000 minimum spend per event |
Page last updated in December 2025
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