Initial price	£25,000
15/02/25	£20,000
Price Change	-20.00%

This two-bedroom apartment on Lemon Street is being sold by unconditional online auction on March 26, 2025, with a guide price of £20,000 to £30,000. The property has a long-term tenant on an assured shorthold tenancy agreement, producing an annual income of £5,400. The auction is being conducted by TCPA, and a legal pack is available for review on their website. The buyer will be required to pay a 5% deposit and a 5%+VAT (minimum £5,000+VAT) buyers premium upon the fall of the hammer, and contracts will be exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell, with a completion deadline of 28 days following the auction. Pre-auction offers are also being considered, subject to the same auction conditions.