Lotu.uk

 - UK Property Auctions

Currenlty listing 1,516 upcoming property auctions in the UK

Search more auctions
Residential Investment: A Vacant Leasehold Two Bedroom Apartment

Residential Investment: A Vacant Leasehold Two Bedroom Apartment

Address

Get access to view the address

See address

Auction date

04 Jun 2023

Guide price

£80,000

Type

Flat

Tenure

Leasehold

EPC Rating

B

Status

Ended

Auction location placehbolder

Description

This beautifully presented two-bedroom apartment is an ideal opportunity for those seeking a residential investment or a perfect home for owner occupation. Featuring an open plan kitchen living room with a charming Juliet balcony, this modern property benefits from two well-proportioned bedrooms and allocated parking.

  • Leasehold
  • Total floor area approximately 53.24 square meters (570 square foot)
  • EPC Rating: B
  • Recent ground rent is £800 per annum with a doubling clause in 2035
  • Potential rental income of around £950 per month, representing a yield of 14.25% from the guide price

With a lease of 125 years from 25 March 2015, this property presents an excellent opportunity for buy-to-let investors. The surrounding area of Harwich offers both community spirit and accessibility, making it a desirable location for renters and owners alike.

Last update: 25 May 2026

Similar property auctions

Search more auctions