Initial price	£110,000
09/05/25	£90,000
15/05/25	£70,000
Price Change	-36.36%

A tenanted, second-floor, leasehold flat with 387 square feet of living space is being sold by public auction on May 30, 2025. The property, located on Dorking High Street in Surrey, has a 99-year lease from January 2016 and a gross annual yield of 9.0%. The service charge is £976.67 biannually. The flat, which is currently rented for £825.00 per calendar month, offers a ready-made high-yield investment opportunity in a popular area. The auction will be held online, and pre-auction bids are being accepted. The property has an EPC rating of C, and the local authority and council tax band is Surrey County Council and Mole Valley District Council, respectively. The auction fees include a 10% deposit, an auction buying commission of 2.5% plus VAT, and an auction buying fee of £1,900.00 plus VAT.