Summary - Shiraj Tower, E1 E1 2BT
2 bed 1 bath Apartment
Cash-purchase investment near Aldgate East and Brick Lane.
Chain free two-bedroom third-floor apartment, 649 sq ft
A practical city-centre investment in Shiraj Tower, moments from Aldgate East and excellent transport links into the City and Canary Wharf. The two-bedroom, 649 sq ft apartment sits on the third floor of a modern block constructed in the early 2000s, with double glazing and gas central heating already in place.
The flat is currently let on a month-by-month basis, offering immediate rental income and easy re-letting in this busy inner-city location. Nearby Brick Lane, Spitalfields and local marketplaces provide strong tenant demand for people working and studying in the area.
Important considerations are factual: the lease has 92 years remaining and the annual service charge of £3,268.45 (including ground rent and building insurance) is a material ongoing cost. This property is offered to cash buyers only and sits in a neighbourhood with higher crime rates and greater area deprivation, which may affect tenant profiles and yield assumptions.
For an investor seeking a central London holding with immediate occupancy potential, this flat delivers location-driven demand and straightforward maintenance. Buyers should factor lease length, service charge and local area indicators into pricing and financing plans.
1 bedroom flat for sale in Jacobs Court, Plumbers Row, Whitechapel, London, E1 — £300,000 • 1 bed • 1 bath • 495 ft²
2 bedroom flat for sale in Altitude Point, Alie Street, Aldgate, London, E1 — £775,000 • 2 bed • 2 bath • 877 ft²
2 bedroom flat for sale in Colefax Building, Plumbers Row, London, E1 — £495,000 • 2 bed • 2 bath • 674 ft²
2 bedroom apartment for sale in Dryden Building, 37 Commercial Road, London, E1 — £500,000 • 2 bed • 2 bath • 696 ft²
2 bedroom apartment for sale in Old Castle Street, London, E1 — £550,000 • 2 bed • 2 bath • 697 ft²
2 bedroom flat for sale in Commercial Road, Whitechapel, E1 — £500,000 • 2 bed • 2 bath • 863 ft²
