**Standout Features:**
- One-bedroom flat in a mid-century modern apartment building
- Currently tenanted with a reliable rental income of £475/month
- Balcony access and designated off-street parking
- Close proximity to town center and local amenities
**Key Details:**
- Guide price: £50,000 (to be sold at auction)
- Leasehold property with 102 years remaining
- Very cheap council tax and low ground rent at £10/year
- Service charges vary; last year was £379.99
This well-proportioned one-bedroom flat offers a fantastic investment opportunity with a reliable sitting tenant. Generating a steady rental income of £475 per month, this property is ideally located near the town center, providing easy access to various amenities. The apartment boasts a balcony, off-street parking, and a spacious living area, though a little modernization would elevate its charm.
While the property is in need of some updates, its solid foundations and long lease offer potential for growth and customization, making it an excellent choice for first-time buyers or savvy investors looking to capitalize on the rental market. With bidding set to open soon, don't miss your chance to secure this property at an attractive guide price before it's gone!
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