Initial price	£25,000
22/11/25	£20,000
Price Change	-20.00%

This three-bedroom flat in Collingwood Court is being sold via Option A - Unconditional Auction Terms with a buy-it-now price of £20,000 plus auction fees. The property is located in a purpose-built block in Sulgrave, Washington, and is let to a long-term tenant at £495 per month, returning a yield of 29.7% on the guide price. The flat has a lounge with access to the rear garden, three good-sized double bedrooms, and a bathroom with separate WC. The property has an EPC rating of C and is easily accessible via local road networks. The buyer will need to pay a non-refundable administration fee of £3,000 plus VAT, as well as a 10% deposit payment. The seller may also charge additional fees payable upon completion. The guide price is £20,000, and the reserve price is set somewhere within the guide range or no more than 10% above a single figure guide price.