This one-bedroom flat is being sold by online public auction on May 28th, 2025, with a guide price of £90,000+. The property is situated on a residential road in Southend-on-Sea, close to local shops and amenities, and is within easy reach of Priory Park and Prittlewell rail station. The flat is held on a 99-year lease from January 1st, 2007, with approximately 80 years remaining. The property is currently subject to an Assured Shorthold Tenancy, producing £15,000 per annum, with a monthly rent of £1,250. The flat comprises a ground floor one-bedroom layout, including a reception room, kitchen, bedroom, and shower room. It's essential to note that, as the lease has less than 90 years remaining, the buyer will need to pay a premium to the freeholder to extend the lease to 90+ years.