This second-floor studio flat is being sold by online public auction with a guide price of £135,000+. The property is located on a residential road close to local shops and amenities, with Lloyd Park's open spaces nearby. The flat is situated in a purpose-built block with a 99-year lease from 1990, leaving approximately 63 years unexpired. The accommodation consists of a studio room, kitchen, and bathroom. It's important to note that as the lease is short, the buyer will need to pay a premium to the freeholder if they wish to extend the lease to 90+ years. This process involves serving a Section 42 notice with a suggested price for the extension, and the freeholder has the right to refuse the offer and submit a counter notice with their suggested price.