2 bedroom flat for sale

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2 bedroom flat for sale

8 Victoria Court, Durham, County Durham, DH1 5BY
£65,000

Price History

Initial price £79,000
13/02/25 £65,000
Price Change -17.72%

Description

This 2-bedroom flat is being sold by online auction with a guide price of £65,000 to £80,000, plus a buyer's premium or a minimum of £4,000 + VAT. The property comes with 107 years remaining on the lease and is currently occupied by a sitting tenant who pays £600 per month, providing a 9.11% rental yield. The flat features a modern kitchen and bathroom, as well as two bedrooms and a spacious living space. The property offers great potential for investment, with immediate rental income available, making it an attractive opportunity for buyers looking for a reliable income stream.