Initial price	£24,000
17/12/25	£23,000
18/12/25	£20,000
Price Change	-16.67%

This is an investment opportunity to purchase a one-bedroom second-floor flat located in a high-demand rental location, close to the city centre and docks. The property requires a degree of upgrade and repair, but once renovated, it has the potential to generate a realistic rental income of £500pcm (£6,000 per annum). The flat comprises a lounge, kitchen, one bedroom, and bathroom, with gas heating and double glazing. The area has a strong demand for rentals, with comparable sales of similar properties in the area. The property is being sold through a timed online auction on December 18, 2025, and is expected to appeal to multiple investors looking for a low-cost addition to their portfolio with a good rental return.