Initial price	£150,000
14/02/25	£118,000
19/02/25	£150,000
20/02/25	£118,000
Price Change	-21.33%

This freehold parcel of land is being sold by public auction on February 20th and offers a unique investment opportunity with a secure income stream. The property features a 15-year lease with an annual rent of £92,300, signed off by the Inclusion Housing Board, providing long-term stability with a 10-year break clause offering flexibility. The property also has zero CIL liability, subject to approval of a Social Housing Relief application, and agreements have been established with Southampton City Council's Integrated Commissioning Unit covering voids and nominations. The property has potential for development, with an architect's impression supplied by the vendor illustrating a potential design.