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Leasehold Flat For Investment
Address
See address
Auction date
17 Jun 2026
Guide price
£65,000
Type
Flat
Tenure
Leasehold
EPC Rating
E
Status
Ended
Description
West Flat is a first-floor one-bedroom leasehold flat located in the charming building, Silver Mist, which offers beautiful views across Ventnor and the English Channel. This property is currently let at a rental income of £6,000 per annum, with the potential to increase to £8,400 per annum. It comes with its own parking space and allocated garden area, making it a valuable addition to any investment portfolio.
- One-bedroom flat
- Currently let at £6,000 per annum
- Potential rental income of £8,400 per annum
- Parking space available
- Allocated garden area in communal grounds
- 125-year lease starting from 30th April 1973
- Current ground rental of £10 per annum
- EPC Rating: E
This property offers a great opportunity for investment in a desirable location. With a solid rental history and the potential for rent increases, it’s ideal for those looking to expand their rental portfolio.
Last update: 28 May 2026
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