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£153,000 above fair value

SE1 9EY

Southbank Tower, 55 Upper Ground, London, SE1

2 Beds
2 Baths
109 m² Floor area
Type Flat
Listed 15 May 2026
Asking price £1,850,000
Price per m² £16,972 / m²

This incredible & spectacular 2 bed, 2 bath Premium apartment in the stunning Southbank Tower in SE1 is available for sale. Measuring 1169 sq ft, it is tastefully fitted with clever storage units, and an open plan reception designed to entertain with panoramic northwest views of the London Eye & River on the Southbank.

The apartment is elegantly furnished in mainly white and encompasses a fully fitted impressive kitchen, with an open plan reception room designed to entertain with a northwest view of the River, London Eye, St Paul’s, and other famous London landmarks. The apartment can be offered furnished or unfurnished.

The double aspect reception room is bathed in natural light that pours in through the floor-to-ceiling windows throughout. Both the main bathroom and the en-suite are fully fitted to a superb standard. Both bedrooms are generously sized and include an abundance of storage space with clever inbuilt storage units found throughout the apartment, demonstrating excellent use of the available space.

The apartment is of an outstanding standard. Southbank Tower is a confident, soaring design that is a distinctive landmark on London's cultural mile. Residents benefit from high-speed lift access, an indoor swimming pool, and a fully fitted gym for residents. Further situated on the 10th floor with breathtaking views of London, is a state-of-the-art Residents' Business Centre, Residents' Entertaining Lounge, Communal Roof Garden, and Cinema Room.

The building is located between The Royal Festival Hall and Shakespeare's Globe, and adjacent to the iconic Sea Containers House, now home to the Mondrian Hotel. With Southwark and Blackfriars Underground stations a short distance away, it allows quick access to Central London as well as connecting train stations to the airports and other parts of England.

Excellent transport links, shops, and amenities are nearby, and the tower is located close to parks, garden squares, the River, hospitals, and The Houses of Parliament. Located on the South Bank, you are just a short distance from the theatres, restaurants, and attractions of Covent Garden, the trendy, upbeat Soho, the shopping of Oxford Street, and the green spaces and famous historical squares that London has to offer.

Transport links on your doorstep include; Southwark (0.4 miles), Blackfriars (0.4 miles), and Temple (0.7 miles) underground stations, Waterloo East (0.5 miles) for national rail, and the new City Thameslink (0.6 miles).

Leasehold Information:
Term of Lease: 999 years from 2015
Ground Rent: TBA
Service Charges: £15,849.76

How the asking price has moved

May 2026
£1,850,000
Listed at original asking price

What similar homes actually sold for

Nearby Land Registry transactions — the data behind our fair price estimate.

Address Sold price Date Type
Flat 1302, 55, 55 UPPER GROUND, SE1 9EY £1,400,000 Sep 2025 Flat
Flat 1101, 55, 55 UPPER GROUND, SE1 9EY £1,095,000 Feb 2025 Flat
Flat 1601, 55, 55 UPPER GROUND, SE1 9EY £1,290,000 Nov 2024 Flat
Flat 1510, 55, 55 UPPER GROUND, SE1 9EY £824,250 Jul 2024 Flat
Flat 1301, 55, 55 UPPER GROUND, SE1 9EY £1,100,000 Nov 2023 Flat
Flat 1111, 55, 55 UPPER GROUND, SE1 9EY £800,000 Sep 2023 Flat
Flat 1706, 55, 55 UPPER GROUND, SE1 9EY £1,120,000 Jan 2023 Flat
Flat 1405, 55, 55 UPPER GROUND, SE1 9EY £870,000 May 2022 Flat
Flat 1301, 55, 55 UPPER GROUND, SE1 9EY £1,350,000 Mar 2022 Flat
Flat 1807, 55, 55 UPPER GROUND, SE1 9EY £610,000 Jan 2022 Flat
Flat 1401, 55, 55 UPPER GROUND, SE1 9EY £1,425,000 Dec 2021 Flat
Flat 1703, 55, 55 UPPER GROUND, SE1 9EY £3,600,000 Apr 2021 Flat
Flat 1303, 55, 55 UPPER GROUND, SE1 9EY £827,000 Jan 2021 Flat
Flat 1206, 55, 55 UPPER GROUND, SE1 9EY £915,000 Dec 2019 Flat
Flat 1001, 55, 55 UPPER GROUND, SE1 9EY £1,700,000 Dec 2019 Flat
Source: HM Land Registry · SE1 9EY · Sorted by date

Southbank Tower, 55 Upper Ground, London, SE1

Our fair price estimate
£1,697,000
Nearby sold prices per m² × UK HPI × 109 m² floor area (EPC-declared)
Asking price £1,850,000
Fair price £1,697,000
Difference ↑ £153,000 over
Price per m² £16,972 / m²
Contact landlord
About this valuation

Fair price calculated from HM Land Registry sold prices in the same postcode area, adjusted by the UK House Price Index, and multiplied by the EPC-declared floor area of 109 m². Updated daily.