A 7 sq m flat in London has been put up for sale through auction with a minimum price of £50,000.
The flat, in a Victorian conversion in Lower Clapton, east London, is let on an assured shorthold tenancy and provides an annual income of £9,600 (£800 pcm).
The property is expected to sell for well above the reserve, having been bought for £103,500 in May 2017.
The property includes a studio room, with a captain’s bed above cupboards, no kitchen and a separate wet room.
Bidding for the property – only available online – opens on 22 February and closes at 4pm on 23 February.
