Initial price	£72,000
14/12/25	£63,000
Price Change	-12.50%

A leasehold first-floor flat is up for auction on December 16, 2025, with a completion date of 28 days. The property is located on Gravel Hill in Ludlow, Shropshire, and offers two bedrooms, a reception room, kitchen, and two bathrooms. The property is served by local amenities, public transport links, and recreational pursuits. The lease runs from October 27, 2016, to September 22, 2035. Viewings are strictly by arrangement with the auctioneers, and a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The guide price is not a valuation or assessment of value, but rather an indication of the region at which the reserve may be set.