This property is a freehold residential investment in St Leonards on Sea, comprising of 8 self-contained studio flats let on ASTs, with a total rent per annum exclusive of all bills of £47,700. The property offers a high yield of 10.6% and is located in the heart of the town, close to mainline railway station, seafront, and local amenities. The flats are let on EPC D and EF, with an average size of 33 sq m, and the total property offers meaningful break-up value. The auction guide is £450,000, and fees apply, please refer to the auction team for details.