This vacant lower ground floor studio flat is being sold by online public auction on September 10th, 2025, with a guide price of £140,000+. The property is held on a 57-year lease from 1975, with approximately 6 years remaining, and the buyer will have the right to extend the lease prior to completion. The flat is located on a residential road near local shops and amenities, with easy access to The Regent's Park and transport links at Euston underground and rail stations. The property comprises a studio room, kitchen, and bathroom, with lift access. It's worth noting that when purchasing a flat with a short lease, the buyer will need to pay a premium to the freeholder to extend the lease to 90+ years, and the freeholder has the right to refuse the offer and submit a counter notice.