2 bedroom flat for sale

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2 bedroom flat for sale

Marygate, Berwick-upon-tweed, Northumberland TD15
£315,000

Price History

Initial price £359,000
27/07/24 £405,000
08/08/24 £365,000
10/08/24 £450,000
17/08/24 £405,000
22/08/24 £365,000
29/08/24 £329,000
30/08/24 £386,000
04/09/24 £365,000
07/09/24 £428,000
10/09/24 £450,000
13/09/24 £365,000
19/09/24 £329,000
05/10/24 £450,000
12/10/24 £405,000
16/10/24 £365,000
19/10/24 £329,000
06/11/24 £313,000
07/11/24 £297,000
30/11/24 £367,000
05/12/24 £349,000
12/12/24 £332,000
19/12/24 £315,000
Price Change -12.26%

Description

This is an outstanding investment opportunity in a highly prominent trading position in Berwick-upon-tweed. The property comprises a commercial ground floor unit, let to Ladbrokes on a full repairing and insuring lease until 2032, producing £20,000 per annum, and three self-contained upper floor apartments, let on ASTs, generating £17,700 per annum. The commercial unit is 1,268 sq ft, while the three apartments range from 581 sq ft to 1,098 sq ft. The property is situated in the heart of the town centre, close to local and national amenities, and offers excellent links by road and rail. The property is available through a timed online auction on January 9, 2025, with bidding instructions available on the auctioneer's website.