Initial price	£35,000
23/04/25	£30,000
01/07/25	£25,000
Price Change	-28.57%

This top-floor apartment in Peterlee is being sold via online auction and features two double bedrooms, a lounge with scenic views, a kitchen, and a bathroom. The property benefits from double glazing and electric panel heating. With an achievable rental income of £450 per month, the property offers a 12.56% rental yield. Located near the town center and A19, the property is close to regional centers including Sunderland, Teesside, and Durham. The property is leasehold with a 110-year lease and an annual charge of £190, which includes ground rent, service charge, and buildings insurance. The property has an EPC rating of C and is in Council Tax Band A.