This one-bedroom flat is located on a residential road in Southend-on-Sea, close to local shops and amenities, and within walking distance to Priory Park. The property is held on a 99-year lease from 2007, with approximately 80 years unexpired. The flat is situated on the ground floor of a mid-terrace building and comprises a reception room, kitchen, bedroom, and shower room. The property is currently subject to an Assured Shorthold Tenancy, producing £15,000 per annum, with a rent of £1,250 per month. Potential buyers should note that the property's lease is short, and if they wish to extend it to 90+ years, they will need to pay a premium to the freeholder. The property is being sold by online public auction on May 28th, 2025, with a guide price of £90,000+.