Initial price	£88,500
22/02/25	£79,950
Price Change	-9.66%

This one-bedroom retirement flat is a great investment opportunity for investors, with a tenant in situ until June 26 and a rental yield of 9.5%. The property is located in the Homeleigh House development, which offers a range of facilities for the over 55s, including a communal lounge and kitchen, laundry room, and gardens. The flat itself is well-appointed, with a double bedroom, bathroom, lounge, and kitchen. The property is easily accessible, with a bus stop just 50 yards away, and has a range of amenities nearby. The development also offers a range of services, including a building manager on site Monday to Friday, a phone entry system, and an emergency red cord service. The lease is 93 years long, with a service charge of £3162 per annum and ground rent of £150 per annum.