This one-bedroom ground floor apartment is being sold through a traditional auction and is located in the city centre, close to shops and transport links. The property is in reasonable condition and could be improved upon, making it a great addition to a rental portfolio. Similar apartments in the block have been listed for rent at £625 per month, which would yield a gross return of over 23% based on the guide price. The property is leasehold, with a remaining term of 99 years from March 2006, and annual ground rent and service charges of £355.82 and £450.29 respectively.