This property is being sold by auction with a starting bid of £225,000. The auction process involves sharing viewings, offers, and bids with the auctioneer, iamsold. The property is being sold using the Modern Method of Auction, which requires both the buyer and seller to agree on a sale price through a bidding process. The starting bid of £225,000 sets the minimum price that the property can be sold for, and interested parties can place their bids to try to secure the property at a price they are willing to pay.