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1 bed flat
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Our Summary
- Guide Price = £40,000+**For Sale By Auction
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Description
This one-bedroom ground-floor flat is being sold by public auction on February 11th, 2026, and is subject to an Assured Shorthold Tenancy that produces £11,600 per annum net, reflecting a gross initial yield of 23%. The property is leasehold, with approximately 608 years remaining on the 800-year lease from 1834. Located on a residential road near local shops and amenities, it's also close to Pounds Park and has transport links via the A61 and A57.
The flat itself comprises a reception room, kitchen, bedroom, and bathroom, and has an EPC rating of C. The management company covers the cost of management and service charges, making this a potentially attractive investment opportunity.