Summary - Flat 9, 14, Shirley Street E16 1HU
3 bed 1 bath Flat
Long leasehold investment with tenant in place and private outdoor space.
Long leasehold — approximately 993 years remaining
This fourth-floor flat in a contemporary purpose-built block is offered for sale by public auction with a sitting lease producing £36,600 per year. The long lease (999 years from 2020) and lift access make this an easy-to-manage, income-producing asset for buy-to-let or portfolio investors. The apartment includes private outdoor space — a balcony plus a large terrace — and a garage, useful for tenant attraction and rental premium potential.
Internally the apartment is arranged around an open-plan reception and kitchen, with three bedrooms (two described as en-suite) and a separate bathroom. The building benefits from a C EPC rating, fast broadband and excellent mobile signal, supporting modern rental demand. Heating is electric with underfloor elements and the main fuel is electricity; consider running-cost implications and tenant preferences when assessing net yield.
Important sale details and risks: the property is being sold by order of LPA receivers at public auction on 16 October 2025 and is subject to a fixed lease to a tenant from February 2022 (five-year term). The area is classified as very deprived with average crime levels; while transport links (Canning Town and Custom House) are nearby, these local factors can affect tenant profiles and future capital growth. The sale will be subject to the existing tenancy, so immediate vacant possession is not guaranteed.
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