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1 bed flat for sale Queen Elizabeth Street, London, SE1

Offers in excess of

£450,000

Reduced on 18/10/2026

Type: Flat
Bedrooms: 1
Bathrooms: 1
Size: £798 per sq ft
Tenure: Leasehold

Council tax Band E £2,404 a year

Key features

Bright 1st floor Apartment
Double Bedroom
Balcony
Allocated parking space
24hr Porter
Lift

About this property

A bright and spacious one bedroom apartment situated in this iconic Shad Thames development which overlooks the communal garden. The apartment benefits from having balcony, lift and 24hr concierge and an allocated parking space.

Shad Thames is a unique area stepped in history and character situated along the south side of the River Thames. The area is home to London’s most iconic landmark, Tower Bridge and is within the vicinity of many attractions such as The Shard, Tate Modern and Tower of London.

Floorplan

Council tax

Band E £2,404 a year

Per year

Band A

£1,312
Band B

£1,530
Band C

£1,749
Band D

£1,967
Band E

This home: £2,404
Band F

£2,842
Band G

£3,279
Band H

£3,935

This home is in band E, which costs £2,404 a year in Southwark for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Southwark, 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.

Price guide

100 comparables · within 0.7 miles

Cheaper than 53% of the 1-bed flats for sale nearby right now.

This home, £450,000 Median £475,000 · £348,500 – £750,000

Per square foot

£798 6% under

1-bed flats nearby £852

Against sold prices

3% under

SE1 sold median £820 / sq ft, 1,276 sales

Compared with 100 1-bed flats for sale within 0.7 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in SE1 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in SE1 →

Location

Queen Elizabeth Street, London, SE1

Open map Street View

Mortgage and stamp duty

Property price £450,000

£225k £675k

Deposit10% £45,000

£0 £450k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £405,000 mortgage. Most lenders would want a household income of about £90,000 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 236, The Circle, Queen Elizabeth Street Flat / maisonette	Flat / maisonette	Sept 2025	635 sq ft £943/sq ft	635 sq ft	£943	£599,000
Flat 214, The Circle, Queen Elizabeth Street Flat / maisonette	Flat / maisonette	Jan 2025	646 sq ft £759/sq ft	646 sq ft	£759	£490,000
Flat 229, The Circle, Queen Elizabeth Street Flat / maisonette	Flat / maisonette	Jan 2025	1,539 sq ft £864/sq ft	1,539 sq ft	£864	£1,330,000
Flat 210, The Circle, Queen Elizabeth Street Flat / maisonette	Flat / maisonette	Aug 2024	549 sq ft £911/sq ft	549 sq ft	£911	£500,000
Flat 206, The Circle, Queen Elizabeth Street Flat / maisonette	Flat / maisonette	Jun 2024	409 sq ft £905/sq ft	409 sq ft	£905	£370,000
Flat 204, The Circle, Queen Elizabeth Street Flat / maisonette	Flat / maisonette	Jan 2024	1,044 sq ft £766/sq ft	1,044 sq ft	£766	£800,000
Flat 217, The Circle, Queen Elizabeth Street Flat / maisonette	Flat / maisonette	Jul 2021	517 sq ft £954/sq ft	517 sq ft	£954	£493,000
Flat 221, The Circle, Queen Elizabeth Street Flat / maisonette	Flat / maisonette	Jun 2021	721 sq ft £763/sq ft	721 sq ft	£763	£550,000