This property is a long leasehold flat investment opportunity located on the ground floor, close to the seafront and within walking distance of the town and beach in Rhyl, Wales. The flat has a current gross rental income of £7,200 per annum and benefits from gas fired central heating and double glazing. The property is let on an assured shorthold tenancy for 12 months from May 2024 at £600 per month, and has 107 years remaining on its 125-year lease. The leasehold property has a ground rent of £250 per annum and a service charge of £720 per annum. The property will be sold at a live-streamed public auction on December 11, 2024, starting at 8:30 AM, with offers being considered prior to the auction. Viewings are available externally, and bidders can participate remotely via proxy, telephone, or online by pre-registering on the auctioneer's website by 3 pm the day prior to the auction.