Initial price	£60,000
13/11/25	£55,000
Price Change	-8.33%

This studio apartment is an investment opportunity located in Lenton, Nottingham, ideal for students or commuters. The property is situated on the upper ground floor with a south-facing balcony, open-plan bedroom/living area, kitchen, and bathroom. It comes with one allocated parking space in a gated car park. The property has been successfully rented for years, with the most recent tenant paying £750 per month, offering a nearly 13% yield if purchased at £70,000. The lease has 60 years remaining, and the service charge and ground rent are approximately £1,500 and £200 per year, respectively. The property is being sold by online auction, with starting bids from £60,000 and a buy-it-now option available.