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2 bedroom apartment for sale
Woods Terrace, Seaham, SR7
£65,000
Woods Terrace, Seaham, SR7
£65,000
Price History
Initial price | £105,000 |
21/01/24 | £100,000 |
26/01/24 | £95,000 |
31/01/24 | £90,000 |
01/03/24 | £85,000 |
06/04/24 | £70,000 |
20/04/24 | £65,000 |
Price Change | -38.10% |
Description
This property is a multi-use freehold space in Seaham, comprising a ground floor commercial shop with kitchen facilities and a W/C, and a two bedroom first floor flat. The property offers a total floor space of 130.36 sq. m (1403 sq. ft) and is located within a busy shopping parade with mixed use commercial and residential properties. The downstairs commercial space is expected to command a rent of £600-£700 pcm, while the first floor flat is expected to rent for £475-£525 pcm, yielding an anticipated rent of above 10%. The property is being sold through auction, with the buyer and seller able to complete the sale within a 56-day reservation period.