Initial price	£2,300,000
08/11/24	£2,200,000
Price Change	-4.35%

This property is a block of 5 out of 7 flats available to be purchased as freehold, with all current rentals secured with ASTs in place. The flats are located on London Road in St Albans, providing easy access to the town center, local shops, and travel facilities. The total monthly rental income is £9,950.00. Buyers are required to pay a 10% deposit and a £1,500 buyers administration fee upon the fall of the hammer, with contracts exchanged immediately. The property is legally bound to sell and the buyer is legally bound to buy, with a completion deadline of 28 days following the auction. Interested buyers must register to bid on the property through the Benjamin Stevens Auctions website and create an auction passport account.