Initial price	£475,000
26/06/25	£427,500
Price Change	-10.00%

This freehold property is being sold via online bidding and consists of a house divided into five self-contained flats, as well as a building plot for a detached bungalow. The property generates an annual income of £24,600, with three flats sold on long leases and two flats let on assured shorthold tenancies (ASTs). The flats have varying lease lengths, with ground rents ranging from £150 to £1,100 per annum. The property also features ample parking, a communal garden, and an adjacent building plot with planning permission for a detached bungalow. The property has not been inspected, but it offers a unique opportunity for investors or developers to purchase a freehold property with a significant income stream.