For sale by auction is a one-bedroom ground-floor flat in need of renovation, located on Portland Street. The property features a living room, kitchen, bedroom, and bathroom, and has on-street parking available. Once renovated, it's expected to achieve a rental income of £750 per month or £9,000 per year. The flat is situated near King's Lynn Town Centre, with a range of shops, bars, and restaurants also available in Peterborough City Centre to the southwest. The property is being sold leasehold, and an administration fee of £3,600 inc VAT is payable on exchange of contracts. Disbursements may also be payable by the buyer on completion, as listed in the legal pack.