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For sale by online auction

May live online auction

Hollis Morgan – MAY LIVE ONLINE AUCTION – A Leasehold 2 BEDROOM FIRST FLOOR FLAT ( 428 Sq Ft ) let on AST producing £9,000 pa | Close to Seafront | INVESTMENT For Sale By Live Online Auction - ADDRESS | Flat 1, 4 The Centre, Weston-Super-Mare, North Somerset BS23 1US Lot Number TBC The Live Online Auction is on Wednesday 20th May 2026 @ 12:00 Noon Registration Deadline is on Friday 15th May 2026 @ 16:00 The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can choose to bid by telephone, proxy or via your computer

Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID” The Property - A Leasehold self contained first floor 2 bedroom flat ( 428 Sq Ft ) in this stylish art deco style block just moments from the Seafront

Tenure - Leasehold Council Tax - A EPC - C Management Fees - Zero | Insurance Split with Leaseholders | Refer to Legal Pack Lease length - 999 years from 2005 The Opportunity - RESIDENTIAL INVESTMENT | £9,000 pa The flat is let on AST contract for £750 pcm | £9,000 pa The tenancy commenced in September 2023 and there may be scope to increase this to current market rents

Description

The property is a leasehold, self-contained, two-bedroom first floor flat in an art deco style block, situated just moments from the seafront in Weston-Super-Mare. The flat has a total area of 428 square feet and is let on an Assured Shorthold Tenancy (AST) contract for £750 per calendar month, producing an annual income of £9,000. The flat benefits from no management fees and a split insurance with other leaseholders.

The lease length is 999 years from 2005 and the Council Tax Band is C.

2 bed flat

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