Initial price	£70,000
21/05/24	£55,000
Price Change	-21.43%

A stylish and spacious studio/1 bedroom flat is up for auction on June 27th, with a guide price of £55,000 and a potential yield of 16.4%. The flat, located on the ground floor, boasts over 37 square meters of internal space, including a separate bedroom area that could be used as a second bedroom. The property is in excellent condition, with modern double glazed windows and electric heating, and is currently let on an AST at a passing rent of £9,000 per annum. The flat is perfectly located between the town centre and the seafront, just moments away from both and close to all amenities, including a railway station. Internal viewings are highly recommended and can be arranged through the auction department.