1 bedroom apartment for sale
Emily Street, London, E16
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- SIZE
Ask agent
Key features
- Buy-to-let property investment
- One bedroom apartment
- Net yield of 5.2%
- Landlord currently self manages the property
- Leasehold property with 238 years remaining
- Annual rental income of £20,400
Description
One-Bedroom Apartment | 238-Year Lease | Tenant in Situ
£345,000
EPC: B
Comparable Property Sales & Rentals - CLICK HERE
Investment Overview
An excellent opportunity to acquire a modern one-bedroom apartment within the sought-after Sovereign Tower, ideally positioned in London's Royal Docks regeneration zone (E16).
Offered at a marketing price of £345,000, the property benefits from:
Tenant in situ
Strong rental income of £1,720 per calendar month
£20,640 per annum
238 years remaining on the lease
Peppercorn lease structure
Long-term investment security in a high-demand London rental market
This is a ready-made, income-producing London asset in a prime regeneration location.
Financial Performance
Rental Income: £1,720 pcm (£20,640 per annum)
Gross Yield: 6%
Running Costs
Ground Rent: £400 per annum
Service Charge: £2,300 per annum
Total Annual Charges: £2,700
Net Income: £17,940 per annum
Net Yield: 5.2% Net Yield (Approx.)
Why This is a Strong Investment
Prime London Location - Royal Docks (E16)
Sovereign Tower is positioned within one of London's major regeneration areas, benefiting from:
Proximity to Royal Victoria DLR & Custom House (Elizabeth Line)
Excellent connectivity to Canary Wharf & the City
Ongoing infrastructure investment
Continued tenant demand from professionals
The Elizabeth Line has significantly enhanced rental appeal and long-term capital growth prospects in E16.
Conclusion
601 Sovereign Tower represents a rare opportunity to acquire a:
Long-lease London apartment
Income-producing asset
Strong 6% gross yield investment
Property within a major regeneration corridor
Low lease risk with 238 years remaining
This is an ideal acquisition for:
Portfolio landlords seeking London exposure
Investors targeting regeneration-led growth
Buyers seeking a balanced income and capital appreciation strategy
LET PURE INVESTOR TAKE THE STRAIN AWAY ...
We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we provide a fully managed service for landlords looking to minimise costs and maximise efficiency.
Fully managed lettings and property management service
Comprehensive coverage throughout England and Wales
One team, one fee across your full portfolio
Rental income protection available
Transfer your existing properties quickly and easily
If you would like to find out more about our lettings and property management service, or discover how much we could save you each month, please contact our team on Tel: .
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Emily Street, London, E16
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Get an instant, personalised result:
- Show sellers you’re serious
- Secure viewings faster with agents
- No impact on your credit score
Your mortgage
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference Soveregin-Tower-London. 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 Pure, Manchester. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.