Initial price	£60,000
15/09/24	£55,000
Price Change	-8.33%

This one-bedroom flat is a rental investment opportunity in the heart of town, currently tenanted and generating £5,400 per annum with a 9% yield. The ground-floor property is situated in a quiet mews street, close to the town centre and its amenities. The flat features a spacious bay windowed lounge with a modern beech fitted kitchen area, a double bedroom, and a bathroom with a bath, all with gas central heating. The property has a leasehold tenure with 92 years remaining and a ground rent of £50 per year, as well as a service charge of £1,000 per year. With a council tax band of A, this property offers a stable income stream for investors.