Initial price	£90,000
01/03/24	£85,000
06/04/24	£70,000
20/04/24	£65,000
Price Change	-27.78%

This investment property in Seaham consists of a ground floor commercial shop with kitchen facilities and a WC, accompanied by a two bedroom first floor flat. The property boasts a total floor space of 130.36 sq. m (1403 sq. ft) and is located in a busy shopping parade with a mix of commercial and residential properties. The ground floor commercial space is expected to command a rent of £600-£700 per month, while the first floor flat is expected to rent for £475-£525 per month, generating an anticipated rent yield above 10%. The property is being sold through Modern Method of Auction, allowing the buyer and seller to complete within a 56-day reservation period.