The two-bedroom property at Rose Corner, Junction Place, is among 139 lots across southern England listed by Clive Emson Auctioneers, regional land and property auctioneers.
Richard Payne, a senior auction appraiser and auctioneer with Clive Emson Auctioneers, said: “The property is arranged as two self-contained flats plus a garage which forms part of a potential development site with planning consent for a one-bedroom dwelling.
“Income from the ground rent produces £250 per annum with Flat 1 (ground floor) sold on a 149-year lease, from August 1975, paying an annual peppercorn ground rent, and a balcony flat (first floor) sold on a 99-year lease, from June 2009, at a ground rental of £250 per annum doubling every 33 years.”
The online auction ends on Wednesday (December 14).