This is an auction sale of a leasehold first-floor flat located off Princess Margaret Road, with public transport links and local shopping facilities nearby. The property is let on an assured shorthold tenancy at a current rent of £660 per month, with a rent reserved of £7,920 per annum. The flat has one bedroom, a reception room with an open-plan kitchen, and a bathroom/wc. The property is held on a lease for 99 years from 1982, with approximately 57 years unexpired. The guide price is not a valuation or assessment of value, but rather an indication of the region at which the reserve may be set. The buyer will need to pay a contract documentation fee of £1,500, and the seller may charge additional fees upon completion.