This vacant first-floor studio flat is being sold by online public auction on August 6th, 2025, with a guide price of £25,000+. The property is leasehold, with approximately 77 years unexpired on the 99-year lease, which started on December 25th, 2003. Situated on a residential road near local shops and amenities, the flat is within easy reach of Ellington Park and Ramsgate rail station. The property comprises a studio room, kitchen, and bathroom on the first floor of a detached corner building. It's important to note that as the lease is short, the buyer will need to pay a premium to the freeholder to extend the lease to 90+ years, and the auctioneers advise seeking professional advice if unsure about this process.