For sale by auction is this vacant one-bedroom apartment, in a consistently strong rental and resale location within S80. The property extends to approximately 45 m² as per the EPC. The accommodation is arranged over one floor and offers well-proportioned rooms. With an Entrance Hall, a Living Room, a Kitchen, a Bedroom and a Bathroom. Externally, there is on-street parking available close to the property. ________________________________________ Investment/Rental opportunity Once renovated, we expect an achievable rental income of £600pcm / £7,200 pa. ________________________________________ Resale / Flip The property also presents a strong flip opportunity. The adjoining properties have reportedly sold for approximately £45,000 following modernisation and is presented as a well-finished family home. This demonstrates clear resale demand within the immediate building. ________________________________________ Reconfiguration Potential There is further scope to explore a reconfiguration to move the Kitchen into the Living Room, and create a 2nd bedroom in the current Kitchen space (subject to the necessary consents), which could significantly increase both rental income and resale value. ________________________________________ Investment Rationale S80 remains a well-established location popular with: • Young professionals • Students • Working tenants • Owner-occupiers The area benefits from strong transport links and convenient access to key employment hubs. Following refurbishment, the property offers: • Strong gross yield potential • Attractive resale comparables (flip strategy) • Long-term capital growth prospects ________________________________________ Tenure Assumed Leasehold Vacant Possession ________________________________________ Auctioneer’s Note This property presents a versatile investment opportunity offering both rental potential and strong resale comparables. Buyers must satisfy themselves regardi
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Additional Fees
Administration Charge - Administration Charge is a non-refundable £3,600 inc VAT payable on the fall of the virtual gavel.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.