Initial price	£58,500
16/07/25	£52,000
Price Change	-11.11%

This second-floor town centre apartment is being sold to cash purchasers only, with a current rental income of £690 per month, offering returns of 10% or more. The property has one bedroom, lounge, kitchen, and bathroom, and is heated by gas with single-glazed windows. With some minor improvements, the property could potentially increase its rental income to £750 per month. The apartment is currently tenanted, with the tenant having rented the property for six years, and the tenancy is on a rolling periodic lease with 71 years remaining. The property is being sold via a conditional online auction, where the highest bidder will be required to progress the sale, subject to contract, within a specified period.