Initial price	£125,000
29/11/24	£120,000
Price Change	-4.00%

This one-bedroom second-floor flat is being offered for sale to investment or cash buyers only, with a tenant currently in occupation. The property is located in a modern block of six flats, close to amenities and North Camp British Rail station. The flat is leasehold for a term of 99 years, with 58 years unexpired, making it unsuitable for mortgage funding. However, the freeholder is willing to extend the lease to 125 years for a premium payment, with estimated costs ranging from £10,000 to £12,000. The current tenant is paying £750 per month on an assured shorthold tenancy, and the guide price for the property is £120,000. Viewings can be arranged through Pantera Property.