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FREEHOLD GROUND RENT INVESTMENT PRODUCING £4,900 P.A.
Address
See address
Auction date
29 Oct 2026
Guide price
£40,000
Type
Other
Tenure
Freehold
EPC Rating
Unknown
Status
Upcoming

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

