Initial price	£45,000
26/07/25	£25,000
Price Change	-44.44%

A modern apartment block comprising 46 flats with parking is being sold by public auction on July 29, 2025. The headlease is for 999 years from March 26, 2021, with a ground rent payable to the freeholder (Southampton City Council) of £1 per annum, which is currently £7,043 per annum due to being RPI-linked. The block is located in the dockland riverside area of Southampton, and 17 of the flats are exempt from paying ground rent due to being help to buy/shared ownership. The property is being sold with a guide price, and the seller may charge additional fees payable upon completion. The auction will be held at the Grand Connaught Rooms in London, with online bidding also available.