A five-flat residential investment property is being sold through an online auction on May 1st, 2024. The property, located just south of the town center, consists of five self-contained flats with accommodation over three floors. Currently, four flats are let and one is vacant, generating £22,200 in annual rent. The property has a high yield potential of around £2,250 per month, or £27,000 per year. The rents are on Assured Shorthold Tenancies, and the property is not listed but lies within a conservation area. The purchase comes with an administration fee of 0.3% inc VAT, subject to a minimum of £1,200 inc VAT, payable on exchange of contracts. Disbursements may also be payable by the purchaser on completion.