Initial price	£65,000
06/02/25	£60,000
Price Change	-7.69%

This property is a one-bedroom leasehold retirement flat located on the third floor of a building in Bishop's Stortford, offering views over Castle Park/Sworders field. The flat is currently rented on an annual assured shorthold tenancy for £10,740 per annum, providing a yield of over 18.5% of the guide price. The property has a total floor area of 323 square feet, including an entrance hall, living room, kitchen, bedroom, and shower room/WC. The vendor is a retirement scheme, and the occupiers must be 60 years of age or older. The property is being sold by public auction on February 26th, 2025, and bidding will be available by telephone, proxy, and online.