A modern apartment block in Southampton's dockland riverside area is up for auction on July 29, 2025. The property consists of 24 flats and a ground floor commercial unit, with a headlease and ground rent investment opportunity. The headlease is for 999 years from 2021, with a ground rent payable to the freeholder (Southampton City Council) of £1 per annum, currently linked to the Retail Price Index (RPI) and totalling £6,000 per annum. The property is being sold with a guide price, but the actual reserve price may vary. Buyers are advised to bid in full knowledge of the contract documentation fee of £1,500 and any additional fees that may be payable upon completion. The property is a unique investment opportunity for those looking to invest in a headlease and ground rent.