1/10
£2,000,000
Flat · 2 beds · 2 baths · 1,446 sq ft
Water Lane, Tower Hill, EC3R
Added on 29/09/2026 
1/22
1/22
2 bed flat for sale Water Lane, London, EC3R
Guide price
£900,000
Reduced on 28/09/2026
Reduced on 28/09/2026
- Type
- Flat
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- £789 per sq ft
- Tenure
- Leasehold
- 990 years left(from the agent's description)
Service charge £14,830 a year(from the agent's description)Ground rent £1,000 a year(from the agent's description) Council tax Band G £2,216 a year EPC Energy rating band B 87
* From the agent's description. Check it with them before you rely on it.
Key features
- Five-star residents facilities including a reception lobby, business lounge, gym, cinema swimming pool and spa
- 24-hour concierge and security
- No onward chain
- Prestigious riverside development moments from Tower Bridge
- Private outdoor space
About this property
An immaculate two bedroom apartment within the prestigious Sugar Quay development
The apartment has been completed to an exceptional finish, with beautifully crafted interiors and state-of-the-art home automation including lighting, heating, cooling, blind control and video entry. The kitchen is hand-made Italian with integrated appliances and there is a dedicated dining space for 6 to dine comfortably.
Floorplan
Energy performance
Energy rating band B 87
Current
Potential
92+
A
81-91
B
Current rating: 87 B
Potential rating: 87 B
69-80
C
55-68
D
39-54
E
21-38
F
1-20
G
This home is rated band B, scoring 87 out of 100. The average British home is band D.
Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.
Council tax
Band G £2,216 a year
Per year
- Band A£886
- Band B£1,034
- Band C£1,182
- Band D£1,330
- Band E£1,625
- Band F£1,920
- Band GThis home: £2,216
- Band H£2,659
This home is in band G, which costs £2,216 a year in City of London for 2026/27.
Figures from MHCLG (Open Government Licence v3): the average bill for each band across City of London, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.
Property timeline
- ReducedSeptember 2026 £900,000
Was £1,000,000
- ListedSeptember 2026 £1,000,000
2 beds · 2 baths · this listing
Past sales can't be shown: the agent hasn't given the flat number.
Price guide
100 comparables · within 0.6 milesPriced above 61% of the 2-bed flats for sale nearby right now.
This home, £900,000 Median £800,000 · £475,000 – £1,614,100
Per square foot
£789 7% under
2-bed flats nearby £848
Compared with 100 2-bed flats for sale within 0.6 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.
Location
Water Lane, London, EC3R
Mortgage and stamp duty
Property price £900,000
£450k £1.4m
Deposit10% £90,000
£0 £900k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £810,000 mortgage. Most lenders would want a household income of about £180,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Properties sold nearby
HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| Flat 1, Sugar Quay, 1, Water Lane Flat / maisonette | Flat / maisonette | Nov 2024 | 829 sq ft £1,749/sq ft | 829 sq ft | £1,749 | £1,450,000 |
| Flat 45, Sugar Quay, 1, Water Lane Flat / maisonette | Flat / maisonette | Jun 2024 | 1,152 sq ft £1,085/sq ft | 1,152 sq ft | £1,085 | £1,250,000 |
| Flat 70, Sugar Quay, 1, Water Lane Flat / maisonette | Flat / maisonette | Mar 2023 | 570 sq ft £1,358/sq ft | 570 sq ft | £1,358 | £775,000 |
| Flat 53, Sugar Quay, 1, Water Lane Flat / maisonette | Flat / maisonette | Feb 2022 | 1,292 sq ft £1,316/sq ft | 1,292 sq ft | £1,316 | £1,700,000 |
| Flat 24, Sugar Quay, 1, Water Lane Flat / maisonette | Flat / maisonette | Jan 2022 | 1,819 sq ft £2,573/sq ft | 1,819 sq ft | £2,573 | £4,680,000 |
| Flat 4, Sugar Quay, 1, Water Lane Flat / maisonette · new build | Flat / maisonette · new build | Dec 2019 | 990 sq ft £1,919/sq ft | 990 sq ft | £1,919 | £1,900,000 |
| Flat 26, Sugar Quay, 1, Water Lane Flat / maisonette · new build | Flat / maisonette · new build | Dec 2019 | 3,315 sq ft £2,028/sq ft | 3,315 sq ft | £2,028 | £6,725,000 |
| Flat 56, Sugar Quay, 1, Water Lane Flat / maisonette · new build | Flat / maisonette · new build | Nov 2019 | 1,238 sq ft £1,268/sq ft | 1,238 sq ft | £1,268 | £1,570,160 |
Area insights
The neighbourhood around this property.
Marketed by
Savills, Wapping
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