Initial price	£30,000
18/11/24	£25,000
Price Change	-16.67%

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: A long leasehold ground floor self-contained flat is being sold at auction on November 19, 2024. The property is located on Warkworth Crescent in Newcastle upon Tyne, near Blaydon Rail station and local bus services. The flat has one bedroom, a reception room, kitchen, and bathroom/WC, and is held on a lease for 999 years from April 2008. The property is currently let on an Assured Shorthold Tenancy at a rent of £395 per month, generating an annual rent of £4,740. The guide price is not a valuation or assessment of value, but rather an indication of the region at which the reserve may be set. The buyer will be required to pay a contract documentation fee of £1,500, and the seller may charge additional fees payable upon completion.