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2 bed flat for sale Water Lane, Tower Hill, EC3R

Asking price
£2,000,000
Prime London logo

Added on 29/09/2026

Type
Flat
Bedrooms
2
Bathrooms
2
Size
£1,383 per sq ft
Tenure
Ask agent
EPC Energy rating band B 86

Key features

  • Stunning two bedroom property
  • 1,446 sq ft (134.30 sqm)
  • One underground parking space
  • Two private balconies
  • Residents' swimming pool, gym, steam room and sauna
  • 24 hour concierge

About this property

This exceptionally spacious two bedroom apartment, extending to 1,446 sq ft (134.30 sqm), occupies a higher floor of the prestigious Sugar Quay development, and is available for chain free sale through Prime London.

Finished to an excellent specification throughout, the apartment offers beautifully proportioned living accommodation with bright and spacious interiors, two generous double bedrooms, both benefiting from bespoke fitted wardrobes, and two private balconies providing excellent outside space. Further benefitting from one secure parking space and high quality finishes throughout, this exceptional home offers luxurious City living with both style and practicality.

Floorplan

Energy performance

Energy rating band B 86
Current
Potential
92+
A
81-91
B
Current rating: 86 B
Potential rating: 86 B
69-80
C
55-68
D
39-54
E
21-38
F
1-20
G

This home is rated band B, scoring 86 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

Ask agent
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 G
    £2,216
  • Band H
    £2,659

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In City of London, 2026/27 bills run from £886 a year in band A to £2,659 in band H.

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.

Property timeline

  1. Listed
    September 2026 £2,000,000

    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 miles

Priced above 93% of the 2-bed flats for sale nearby right now.

This home, £2,000,000 Median £799,995 · £475,000 – £1,614,100
Per square foot
£1,383 64% over
2-bed flats nearby £846

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, Tower Hill, EC3R

Mortgage and stamp duty

Property price £2,000,000
£1m £3m
Deposit10% £200,000
£0 £2m
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £1,800,000 mortgage. Most lenders would want a household income of about £400,000 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.

AddressSoldSizePrice
Flat 1, Sugar Quay, 1, Water Lane Flat / maisonetteNov 2024829 sq ft £1,749/sq ft£1,450,000
Flat 45, Sugar Quay, 1, Water Lane Flat / maisonetteJun 20241,152 sq ft £1,085/sq ft£1,250,000
Flat 70, Sugar Quay, 1, Water Lane Flat / maisonetteMar 2023570 sq ft £1,358/sq ft£775,000
Flat 53, Sugar Quay, 1, Water Lane Flat / maisonetteFeb 20221,292 sq ft £1,316/sq ft£1,700,000
Flat 24, Sugar Quay, 1, Water Lane Flat / maisonetteJan 20221,819 sq ft £2,573/sq ft£4,680,000
Flat 4, Sugar Quay, 1, Water Lane Flat / maisonette · new buildDec 2019990 sq ft £1,919/sq ft£1,900,000
Flat 26, Sugar Quay, 1, Water Lane Flat / maisonette · new buildDec 20193,315 sq ft £2,028/sq ft£6,725,000
Flat 56, Sugar Quay, 1, Water Lane Flat / maisonette · new buildNov 20191,238 sq ft £1,268/sq ft£1,570,160

All sold prices in Bankside →

Area insights

The neighbourhood around this property.

Marketed by
Prime London, Central
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