Initial price	£120,000
12/01/24	£105,000
Price Change	-12.50%

For sale by online auction, this spacious studio apartment is located at Adelphi Wharf, a popular development just a mile from Spinningfields. The property boasts an open-plan living/kitchen area, fully fitted and integrated kitchen, and a fantastic communal roof terrace. The apartment is currently tenanted until February 2023, achieving £650 per month, and has a service charge of £1,220 per year. The lease length is 250 years from February 2016, and the ground rent is £225 per annum. The property can be purchased under either conditional or unconditional auction terms, and viewings are strictly by appointment only. Bids can be made via the auctioneer or the marketing agent's website.