Initial price	£60,000
15/09/24	£55,000
07/01/25	£50,000
Price Change	-16.67%

This one-bedroom flat is a rental investment opportunity located in the heart of town, with a tenant in situ and generating £5,400 per annum, boasting a 10.8% yield. The property is situated on a quiet mews street, close to the town centre and its amenities. The flat features a spacious bay windowed lounge, modern beech fitted kitchen area, double bedroom, and bathroom with bath, all with gas central heating. With a leasehold tenure and 92 years remaining, the ground rent is £50 per year and the service charge is £1,000 per year. The property is in Council Tax Band A and is a great opportunity for investors looking for a steady income stream.