This one-bedroom leasehold retirement flat is being sold at auction and is currently rented on an assured shorthold tenancy for £895 per month, producing an annual income of £10,740. The flat is located on the third floor with views over Bishop's Stortford's Castle Park/Sworders field and has 323 square feet of living space, including an entrance hall, living room, kitchen, bedroom, and shower room/WC. The property is let to an occupant aged 60 or over and has 125 years remaining on its lease, with an annual service charge and ground rent of £3,550.44. With a yield of over 15.3% of the guide price, this property presents a lucrative buy-to-let investment opportunity.