Initial price	£50,000
18/10/24	£40,000
Price Change	-20.00%

This property is a fantastic renovation opportunity for a first-time buyer or investor, offering a spacious living room with a cupboard and system boiler, as well as a well-presented kitchen with grey wall splash tiles, cooker, and sink. The property also features a generous bedroom with a skylight window and a tidy presented bathroom with tiles throughout, a bath, standing shower, toilet, and sink. The apartment has plenty of natural light and has scope to put furniture in multiple positions. Located on the first floor, it's close to Middlesbrough town centre, with nearby hospitality outlets and James Cook Hospital. The property comes with a 125-year lease and a service charge of £167 per year, with ground rent payable at £200 per year. With a projected rental income of £475 per month, this property offers a great opportunity for investment or renovation.