A one-bedroom leasehold retirement flat is being sold by public auction on June 12th, 2025, with bidding available by telephone, proxy, and online. The property, located in Witham Town Centre, is ideal for a buy-to-let investment or owner occupation. The flat, which has a total floor area of 442 square feet, includes a lounge, kitchen, bedroom, and shower room. The property is currently let, producing an income of £860 per month (£10,320 per annum), which represents a yield of just under 23% of the guide price. The lease has 61 years remaining, with a service charge of £368 per month and a ground rent of £112 per annum. The current tenant has given notice to terminate the tenancy, providing an opportunity for a buyer to occupy or re-let the property, which could potentially increase the rental income further.