601 Sovereign Tower, 1 Emily Street, London, E16 1LU
One-Bedroom Apartment | 238-Year Lease | Tenant in Situ
£345,000
EPC: B
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:
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Tenant in situ
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Strong rental income of £1,720 per calendar month
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£20,640 per annum
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238 years remaining on the lease
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Peppercorn lease structure
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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
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Ground Rent: £400 per annum
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Service Charge: £2,300 per annum
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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:
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Proximity to Royal Victoria DLR & Custom House (Elizabeth Line)
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Excellent connectivity to Canary Wharf & the City
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Ongoing infrastructure investment
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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:
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Long-lease London apartment
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Income-producing asset
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Strong 6% gross yield investment
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Property within a major regeneration corridor
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Low lease risk with 238 years remaining
This is an ideal acquisition for:
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Portfolio landlords seeking London exposure
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Investors targeting regeneration-led growth
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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.
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Fully managed lettings and property management service
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Comprehensive coverage throughout England and Wales
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One team, one fee across your full portfolio
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Rental income protection available
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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: 0161 337 3890.
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