This one-bedroom apartment is available for sale at a guide price of £60,000 and is being sold by public auction on May 20th, 2025. The property is leasehold with a vacant possession and an extended lease until 2171, with a peppercorn ground rent. Located in the Elm Grove shopping parade, the apartment offers a range of local amenities, including shops and dining facilities, and is close to Fratton train station and Southsea seafront. The property has been well-maintained and is an ideal investment purchase for landlords. The accommodation is split over two floors, with a living room, kitchen, bedroom, and shower room/wc. The apartment is in good condition and has a lot of potential for further improvement. The guide price is not a valuation or assessment of the property's value, but rather an indication of the region at which the reserve may be set.