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Read Julian Markham House Reviews
Your average accommodation - nothing glarlingly bad. However, the single lift in the building has broken down twice so far (in one term), and maintenance is characteristically slow to respond. The on-site staff used to be crabby but have greatly improved their mood recently so I suppose that's good. No common space other than the tiny "lounge" area in front of the reception. Other than location (25 mins walk to Waterloo campus), there is nothing special. It's not your typical student-y area though (like Russell Square), so no glitz and glamour (freshers might be bored, postgrads may prefer it). However, you do have access to cheap grocery stores and stuff nearby.
Julian Markham is located in Elephant and Castle, which is a pretty rough area but is under regeneration so is looking at becoming a lot nicer. The halls are in a fab location in terms of getting To uni and most places in London. You're paying more for the location, as it's central London. The halls themselves are pretty standard, fairly old but that's because it was built a long time ago. Flats consist of between 3 and 7 rooms, with most of the socialising happening in the flat kitchens as the common room overlooks reception so it's not overly private. A lot of things break in JM, which isn't fantastic, you've just got to put your foot down to UNITE and the reception people and things usually get done then. Once they're repaired the issues never usually occurs again. At the end of the day, once you've found your group of friends, it doesn't really matter where you live as everything feels like home :) it may not be the best accommodation out there, but it's not the worst.