Initial price	£110,000
29/10/25	£70,000
Price Change	-36.36%

This property is a vacant lower ground floor three-room flat located on a residential road, close to local shops and amenities, with Grangewood Park nearby. The property is held on a 99-year lease from 1981, with approximately 55 years remaining. The buyer will have the opportunity to extend the lease prior to completion, with the rights assigned to the incoming buyer. The flat comprises a kitchen, three rooms, and a bathroom, with a private rear garden. The property is being sold by online public auction on November 12, 2025, with a guide price of £70,000-£140,000. It's essential to note that, as the lease is short, the buyer will need to pay a premium to the freeholder to extend the lease to 90+ years, if desired.