Guide price
£40,000
Block of flats for saleSphere Apartments, 25 St Pauls Way, London, Tower Hamlets E3
Auction
Freehold
About this property
For sale by auction 29th October 2026 at 12:00 £40,000 plus
freehold ground rent investment prod. £4,900 P.A.
Location & Description
A freehold block comprising of 12 flats arranged over 6 stories producing a ground rent income of £4,900 p.a.
Sphere Apartments is situated on St Paul's Way in Mile End, East London, close to a range of local shops & ameneties. Mile End Underground Station (Central, District and Hammersmith & City lines) and Limehouse Station are approximately half a mile away, providing convenient connections to the City, Canary Wharf and wider London.
Lease Details
12 Flats all sold off on long leaseholds of 150 years from 01.02.2017.
7 flats have a ground rent of £450 p.a.
5 flats have a ground rent of £350 p.a.
Each ground rent is subject to review every 21 years based on rpi.
Air space sold off on a 999 year lease from 01.02.2022 at a peppercorn.
Note
Auction Surveyor: Stuart Mackay
Contact: /
producing £4,900 P.A.
freehold ground rent investment prod. £4,900 P.A.
Location & Description
A freehold block comprising of 12 flats arranged over 6 stories producing a ground rent income of £4,900 p.a.
Sphere Apartments is situated on St Paul's Way in Mile End, East London, close to a range of local shops & ameneties. Mile End Underground Station (Central, District and Hammersmith & City lines) and Limehouse Station are approximately half a mile away, providing convenient connections to the City, Canary Wharf and wider London.
Lease Details
12 Flats all sold off on long leaseholds of 150 years from 01.02.2017.
7 flats have a ground rent of £450 p.a.
5 flats have a ground rent of £350 p.a.
Each ground rent is subject to review every 21 years based on rpi.
Air space sold off on a 999 year lease from 01.02.2022 at a peppercorn.
Note
Auction Surveyor: Stuart Mackay
Contact: /
producing £4,900 P.A.
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