£54,000 /Sale price

For sale by Online Auction - 25th of June 2025. Secure a Smart Investment: 2-Bedroom Flat Available via Online Auction 9.11% Rental Yield with Sitting Tenant! Description Welcome to this fantastic 2-bedroom flat! This property is being sold by online auction and comes with 107 years remaining on the lease. Currently, it is occupied by a sitting tenant who pays £600 per month, providing immediate rental income with a 9.11% Rental Yield. The flat features 2 bedrooms and 1 bathroom, along with a modern kitchen and bathroom for your convenience. The living space is spacious, offering a comfortable and inviting atmosphere perfect for relaxation and entertaining. Don't miss out on this opportunity to own a property with great potential and a reliable rental income stream. Contact us today to arrange a viewing and secure this amazing investment! Disclaimer: Material information will be provided within the legal pack- to download this register your interest at tcpa.co.uk. Please note: TCPA have not inspected this property, all details have been supplied by the vendor. Tenure Leasehold Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk. Auction Information To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk. UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated). Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us. Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.