This vacant first and second floor four-room split-level flat is being sold by online public auction on August 6th, 2025, with a guide price of £110,000+. The property is located on a residential road near local shops and amenities, with easy access to Petersfield Heath & Pond and rail station. The flat, situated in an end-of-terrace building, offers a first-floor kitchen/diner and second-floor three rooms, including one with an en-suite bathroom. Notably, the property is held on a 125-year lease from 1988, with approximately 88 years remaining. However, it's essential to consider that the lease is short, and if the buyer wishes to extend it to 90+ years, they will need to pay a premium to the freeholder, which can be a complex and costly process.