She was ordered in 1901 from
John Philip Holland and built at
Barrow-in-Furness. Her keel was
laid down 4 February 1901. In order to keep the boat's construction secret, she was assembled in a building labelled "Yacht Shed", and the parts that had to be fabricated in the general yard were marked for "pontoon no 1". She was
launched on 2 October 1901 and dived for the first time (in an enclosed basin) on 20 March 1902. Her sea trials began in April 1902. In September 1902 she arrived at
Portsmouth, along with the other completed Holland boat and their
tender, . Together they made up the "First Submarine Flotilla", commanded by Captain
Reginald Bacon.
Holland 1 suffered an explosion on 3 March 1903 that caused four injuries. On 24 October 1904, with the rest of the Holland fleet and three
A-class boats,
Holland 1 sailed from Portsmouth to attack a Russian fleet that had mistakenly sunk a number of British fishing vessels in the North Sea in the
Dogger Bank incident. The boats were recalled before any attack could take place. The submarine was decommissioned and sold in 1913 to
Thos. W. Ward for £410. By the time the submarine was sold she was considered so obsolete that she was sold with all fittings intact, and the only requirement put on the purchaser was that the
torpedo tube be put out of action. ==Loss==