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Floorplans (
Map31 bedroom block of apartments for sale
Alie St, Aldgate, London, E1
Block of apartments
31 beds
31 baths
15705
Key information
Tenure: Freehold
Council tax: Ask agent
Features and description
- 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
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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.
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
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
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
About this agent
At Willmotts Property Services, we pride ourselves in providing a first class service from start to finish. We find our landlords great tenants and our vendors committed and serious buyers. We have proven over 150 years of being an independent estate agent in London and beyond that honesty and integrity is the key to success. That is why most of our business comes from in house clients and referrals. We are also a member of the Guild of Professional Estate Agents, with over 800 offices nationwide and are the No.1 Independent Estate Agency Network so can give your property a huge amount of exposure. We are always looking to help and to go above and beyond to make sure our clients and customer get the service they deserve. We hope that by choosing Willmotts you will have chosen a property company that you want to deal with for the rest of your life. With very experienced and driven staff members, bespoke software, professional photographers, powerful marketing tools, high quality print advertising, subscriptions to all the major portals so we can show your property in the best light. We pride ourselves on being The Complete Property Service and will be able to help with whatever property needs you have. For a friendly chat about how Willmotts can help you or just to find about the market in your area please do not hesitate to contact us. Many thanks William Taper Director - Sales and Lettings