- Prime City fringe freehold investment
- Producing rising annual income with secure tenant covenant
- Large communal roof terrace with London skyline views
- Attractive £868 psf capital value compared to local sales
- Excellent transport links and vibrant City-edge setting
31 Bedroom Block of Apartments for sale in London
13
31
31
Symons House presents a rare opportunity to acquire a freehold residential investment in one of London’s most exciting City fringe locations.
Situated moments from Aldgate and Whitechapel, this elegant period property offers a secure, long-term income stream and excellent capital growth potential.
Originally constructed circa 1800 and sensitively converted into modern residential apartments, Symons House combines historic character with contemporary living across 13 well-proportioned flats. The property benefits from a large communal roof terrace offering panoramic views across London.
The property comprises 13 self-contained apartments (1 x one-bedroom, 6 x two-bedroom, and 6 x three-bedroom units) arranged across two interlinked buildings.
- 10 apartments are currently let on a commercial lease to Anglo American Educational Services (AAES), a well-established education and accommodation provider.
- 3 apartments have been sold off on long leases, generating additional ground rent income.
The accommodation extends to approximately 10,945 sq ft (1,017 sq m) of internal space across lower ground, ground, and five upper floors.
Income & Lease Details
- Current income: £463,500 per annum
- Rising annually to: £522,000 per annum by Year 5
- Additional ground rent income: £1,700 per annum
- Total income: £465,200 per annum
- Tenant: Anglo American Educational Services (established 1977, c.£20m turnover)
- Lease expiry: June 2030
- Freehold interest subject to existing leases
The surrounding area offers an abundance of amenities, from the boutiques and restaurants of Spitalfields Market to the vibrant culture of Brick Lane and Whitechapel Gallery. The City of London is only moments away, making this a highly desirable location for both residents and occupiers
Important Information
- This is a Freehold property.
Property Ref: 58434_WILL2000C38
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