This is a tenanted one-bedroom leasehold apartment currently let on an Assured Shorthold Tenancy (AST) at £650 per calendar month. The property, which has a 125-year lease from 2004, is situated in Preston and is currently generating a monthly income. The apartment comprises a hall, lounge, kitchen, bedroom, and bathroom, and the buyer will be responsible for paying the ground rent and service charges, as well as council tax. The property is being sold at auction on April 15th-16th, 2025, and finance is available for successful bidders. However, it's essential to note that buying at auction is a contractual commitment, and bidders must be prepared to pay the deposit and auction fees immediately if they are the successful bidder.