This property is a first-floor one-bedroom flat located in a residential area, close to local shops and amenities, and within walking distance to Gobions Park. The flat is situated in a purpose-built block and comprises a reception room with open-plan kitchen, bedroom, and bathroom. The property is currently subject to an Assured Shorthold Tenancy, producing an annual income of £7,920, with a 6-month term commencing January 2023. The lease has approximately 57 years unexpired, with a purchase price of £60,000+. The property has not been inspected by Auction House London, and all information has been supplied by the vendor. It's worth noting that, as the lease is short, the buyer may need to pay a premium to the freeholder to extend the lease to 90+ years, which could involve serving a Section 42 notice and negotiating a price with the freeholder.