Initial price	£130,000
15/01/25	£115,000
Price Change	-11.54%

This property is being sold via online bidding with a starting price of £115,000. The property has recently had new electric heaters installed and is available with no onward chain. The property has a 990-year lease from 1983, with 85 years remaining, and the current ground rent charges are £26.53 per month. The property has double-glazed windows, communal grounds, and parking. The buyer will pay a 5% deposit, which is non-refundable, and a reservation fee of 3.75% + VAT, which does not form part of the purchase price. The auction process will work differently than an eBay auction, with the option to bid in increments of £50,000 to £250,000. The property is available to view by appointment only, and bids can be made through the marketing agent or the auctioneer's website.