Initial price	£75,000
04/04/25	£65,000
Price Change	-13.33%

This investment property is a one-bedroom garden flat with an additional room on the 1st floor, located near local shops and beaches. The property benefits from a private rear garden and a brand new lease granted on completion, with a ground rent of £150 per annum and a service charge of £1,200 per annum. The property is currently let to tenants who will remain in situ after completion, with monthly rent paid to the new owner. The property is being sold as an investment opportunity and is available for viewing immediately. The auction will be held online, and registration is now open. The property is being sold with a guide price of £65,000 and a buyer's premium applies. The sale is unconditional, and the buyer will be required to pay a £5,000 or 5% deposit and a 2%+VAT buyers premium upon the fall of the hammer. The property will be sold with a 14-day completion period following the auction.