This leasehold second-floor one-bedroom flat is situated in a residential road close to local shops and amenities, with easy access to St. Leonards Gardens and the beach. The property has recently been refurbished and benefits from communal areas with a 24-hour concierge and lifts. It 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 current rent is £815 per calendar month, with the option to hold over after the initial 6-month term. The property is being sold by online public auction on December 10th, 2025, with a guide price of £36,000+.