Initial price	£155,000
13/01/24	£150,000
03/07/24	£147,000
23/07/25	£142,000
Price Change	-8.39%

This spacious first-floor apartment offers a rare opportunity to own a large property in a central location, with 86m2 (926ft2) of accommodation, similar to a 2-3 bedroom house. The property is currently let on an assured shorthold tenancy at £720 per month, but is considered to have the potential to increase to £800 per month, providing a gross yield of 6.4%. The apartment has its own allocated off-road parking space, a rarity in central locations, and is within easy reach of local amenities, including the high street and sea front. The property has been converted to a high specification, with modern finishes and communal areas well-maintained. The apartment also benefits from hardwood double-glazed sash windows, full gas central heating, and a rare landscaped communal garden with a decked sitting area and adjacent lawn. With the balance of a 999-year lease, this property offers a unique opportunity for a first-time buyer, retiree, or investor.