This property is a 1-bedroom first-floor flat located in a popular residential area, currently tenanted and generating a rent of £8,100 per annum, offering a circa 10% yield. The flat requires redecoration and is being sold via an unconditional timed online auction on April 15th, 2025. The leasehold property has 49 years remaining and is subject to an Assured Shorthold Tenancy with a rolling term. The current rent payable is £675 per month. The property has mains gas, electricity, water, and sewage connections, as well as gas central heating, and is rated CC on the Energy Performance Certificate. The buyer will need to pay an administration fee of £1,200 and a buyer's premium of £1,440, in addition to any disbursements listed in the legal pack.