Initial price	£80,000
07/04/25	£75,000
Price Change	-6.25%

This vacant eighth-floor two-room flat is being sold by public auction on April 23rd, 2025, and is held on a 119-year lease from September 5th, 1988, with approximately 82 years remaining. The flat is located on a residential road close to local shops and amenities, with King George V Recreation Ground and Stevenage rail station nearby. The property requires refurbishment and comprises a reception room/kitchen, two rooms, and a bathroom, with a lift providing access. It's essential to note that, as the lease is short, the buyer will need to pay a premium to the freeholder to extend the lease to 90+ years, and a Section 42 notice must be served to the freeholder requesting a lease extension with a suggested price.