Initial price	£9,000
10/08/24	£13,000
17/08/24	£8,000
Price Change	-11.11%

This property is a prime investment opportunity in the popular buy-to-let location of Stockton-on-Tees, with the potential to generate a high rental yield of £4,800 per annum. The studio property, which requires some upgrading, offers a lounge, kitchen, bedroom, and shower room. With a lease period of 996 years, the property is offered on a leasehold basis. Local sales evidence suggests that similar properties in the area have sold for £90,000 and £101,000 in recent months. The property will be auctioned online on August 22, 2024, and interested bidders can submit an enquiry or visit the website for full details on how to participate.