High-floor 2-bed with premium amenities and long lease — strong rental income potential.
12th-floor 2 bed, 2 bath apartment — 805 sq ft
A high-floor 2-bedroom, 2-bath apartment in Elizabeth Tower offering 805 sq ft of contemporary city-centre living. Floor-to-ceiling windows, high-quality fittings and a long 999-year lease make this a low-risk long-term hold for investors.
The development provides extensive on-site amenities: 20m swimming pool, gym, roof terraces, residents’ lounge, co-working space and 24/7 concierge. The building is EWS1 A1 rated, constructed in 2021 and mortgage-friendly for most lenders.
Currently tenanted until July 2026 with a reported 5.84% yield at £2,000 pcm (projected 5.99% at £2,050 pcm). Service charge and running costs are material: service charge approx. £2,730.52 pa, building insurance c. £438.21 pa and ground rent c. £383 pa. Heating is electric room heaters, so running costs may be higher than gas-heated homes.
Located in a cosmopolitan, multicultural student neighbourhood close to transport and amenities. The area is classified as very deprived, which supports rental demand but may affect long-term capital-growth prospects. Suitable primarily for buy-to-let investors seeking strong rental income and turnkey access to premium facilities.
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