A leasehold investment property, a ground floor studio flat, is being sold by public auction on October 23, 2025, starting at 8:30 AM. The property generates a current gross income of £5,400 per annum from a tenant paying £450 per month. The flat has a studio bedroom/reception room, kitchen, and shower room/wc, with a gas fired central heating system. The property benefits from communal grounds and a 99-year lease from January 1, 1974, with full lease details available in the legal pack. The auctioneer advises that internal viewings are not possible, and the tenancy agreement details are not available. The property will be sold via livestreamed auction, and bidders must pre-register by 3 pm the day prior to the auction.