This vacant first-floor studio flat is being sold by online public auction on August 7th, 2025, with a guide price of £40,000+. The property is leasehold, with approximately 77 years remaining on a 99-year lease from December 25th, 2003. Located on a residential road near local shops and amenities, it's within easy reach of Ellington Park and Ramsgate rail station. The flat comprises a studio room, kitchen, and bathroom, and has not been inspected by Auction House London. Prospective buyers should note that, as the lease is short, they will need to pay a premium to the freeholder if they wish to extend the lease to 90+ years. Further information and legal documents are available on the auctioneer's website.