Initial price	£190,000
07/07/24	£170,000
01/10/24	£160,000
06/11/24	£110,000
Price Change	-42.11%

This vacant third-floor studio apartment is a rare opportunity for a cash buyer to purchase a property in the popular Kemptown area, close to the seafront, Lanes, and London Road station. The apartment requires modernization and is being sold with a long lease term, making it an attractive option for a letting investment. With an estimated rental value of £1,100 per month, the property is expected to produce a gross yield of 12% per annum, based on the guide price. The apartment also benefits from a share of freehold, making it a unique and valuable investment opportunity.