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FREEHOLD GROUND RENT INVESTMENT PRODUCING £4,900 P.A.

FREEHOLD GROUND RENT INVESTMENT PRODUCING £4,900 P.A.

Address

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Auction date

29 Oct 2026

Guide price

£40,000

Type

Other

Tenure

Freehold

EPC Rating

Unknown

Status

Upcoming

Auction location placehbolder

Description

This freehold property comprises a block of 12 flats across 6 stories, generating an annual ground rent of £4,900. Located on St Paul's Way in Mile End, East London, it's in proximity to local shops and amenities, with excellent transport links including Mile End and Limehouse Underground stations within half a mile.

  • 12 long leasehold flats with 150-year leases from 1st February 2017
  • Ground rent details: 7 flats at £450 p.a. and 5 flats at £350 p.a.
  • Ground rents are subject to reviews every 21 years based on the RPI index
  • Air space sold off on a 999-year lease from 1st February 2022 at a peppercorn

With its strategic location and stable rental income, this property presents an attractive opportunity for investors seeking a reliable income stream in a burgeoning area of East London.

Last update: 10 Oct 2026

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