Initial price	£55,000
07/06/24	£50,000
Price Change	-9.09%

A one bedroom first floor flat is being sold via an online auction through Pattinson Auction, with a starting bid of £55,000. The flat is currently tenanted and generates an income of £520 per month, which could potentially be increased to £675 per month. The lease is 125 years old and was granted on October 3, 1988. The property can be viewed by appointment only through the marketing agent or the auctioneer, and all bidders must adhere to a verification of identity process in accordance with anti-money laundering regulations. The auction is being conducted under either conditional (modern) or unconditional (traditional) terms, and the property is being sold via a transparent online auction.