This leasehold second-floor one-bedroom flat is located on a residential road in St Leonards, close to local shops and amenities, with the open spaces of St. Leonards Gardens and the beach within easy reach. The property has recently been refurbished and benefits from communal areas with a 24-hour concierge and lifts. The flat is subject to an Assured Shorthold Tenancy, producing £9,780 per annum, reflecting a gross initial yield of 27.2%. The property is held on a 996-year lease from 1975, with approximately 946 years unexpired. The buyer will need to view the legal documents, which can be downloaded from the auctioneer's website, and make an offer by the auction deadline of October 16th, 2025.