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Sugar Quay, 1 Water Lane, London, EC3R
For saleReduced 29 Jul 2026
£750,000

Sugar Quay, 1 Water Lane, London, EC3R 6AL

1bedroom
1bathroom
Apartmenttype
570sq ft
Leaseholdtenure

Listed 27 Feb 2026 · price reduced 29 Jul 2026 · City of London

How the price compares

This home£750,000£1,316 per sq ft
Median 1 bed in EC3R£799k10 homes listed · £1,357 per sq ft
Difference-6%below the area median

Key features

  • 4th floor
  • Riverfront development
  • Terrace
  • Underfloor heating & comfort cooling
  • Short walk from Tower Hill Station
  • Moments from the City & Tower Bridge
  • 24 hour concierge
  • Residents' swimming pool & spa
  • Residents' lounge & cinema
  • Residents' meeting room

About this home

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Situated on the 4th floor of the prestigious Sugar Quay development, this beautifully presented one-bedroom, one-bathroom apartment offers contemporary luxury living in one of London's most sought-after riverside locations, moments from Tower Bridge and the Tower of London. The property features a bright and spacious open-plan living and dining area, a bespoke Italian kitchen with composite stone worktops and premium integrated appliances, and a generous private balcony, ideal for relaxing or entertaining.

Finished to an exceptional standard throughout, the apartment benefits from elegant porcelain tiled flooring, a generously proportioned bedroom with bespoke fitted wardrobes and plush carpeting, and a stylish bathroom featuring polished marble, chrome fittings and intricate mosaic detailing. Underfloor heating and comfort cooling provide year-round comfort, while a separate utility cupboard with a washer/dryer offers additional convenience.

Residents of Sugar Quay enjoy an outstanding collection of exclusive amenities, including a 24-hour concierge, 20-metre swimming pool, sauna, steam room, fully equipped gym, private cinema, elegant residents' lounge and dedicated business suite, offering an exceptional lifestyle in the heart of London.

Ideally positioned along the River Thames, Sugar Quay is just a short walk from Tower Bridge, the historic Tower of London and St Katharine Docks. The surrounding neighbourhood offers an excellent selection of riverside restaurants, stylish bars, cafés and cultural attractions, with the City of London and excellent transport connections within easy reach.

Combining sophisticated interiors, premium residents' facilities and an enviable riverside location, this exceptional apartment is ideal as a stylish London home or investment opportunity.

Council Tax Band: F (City Of London Council Tax ) Tenure: Leasehold (991 years) Ground Rent: £750 per year Service Charge: £7,465.92 per year

Property details

Property type
Apartment
Size
570 sq ft / 53 sq m
Council tax band
F
Tenure
Leasehold
Lease remaining
991 years left
Ground rent
£750 per year (Ask agent about the review period)
Service charge
£7,465.92 per year
Garden
Terrace
Heating
Electric
Accessibility
Lift access

Floorplan

Floorplan 1

Location

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1 on this map

  • Fenchurch Street Station0.2 mi
  • Monument Station0.3 mi
  • Tower Gateway Station0.3 mi

What nearby homes sold for

AddressTypeSoldPrice
Flat 1, Sugar Quay, 1, Water Lane
London EC3R 6AL
Flat
Leasehold
28 Nov 2024£1,450,000
Flat 45, Sugar Quay, 1, Water Lane
London EC3R 6AL
Flat
Leasehold
26 Jun 2024£1,250,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in EC3R

Buying costs

Monthly repayment£3,752£75,000 deposit · £675,000 loan
Stamp Duty£27,500England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by CROWN HOME BUYING AND LETTING, London on Rightmove (original listing). First listed 27 Feb 2026; details checked 7 Nov 2026. Latest change: reduced on 29/07/2026.

Agent disclaimer

Disclaimer - Property reference RS0549. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by CROWN HOME BUYING AND LETTING, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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