Initial price	£17,000
13/09/25	£11,000
20/09/25	£8,000
04/10/25	£13,000
11/10/25	£8,000
18/10/25	£13,000
Price Change	-23.53%

This prime investment property in Stockton-on-Tees has significant potential for a high-yielding rental income, with a potential rental value of £400 per calendar month (£4,800 per annum). The studio property requires some upgrading, but its location in a popular buy-to-let area makes it an attractive opportunity. The property is being offered on a leasehold basis with a remaining lease period of 996 years. Local sales evidence suggests that similar properties in the area have sold for £90,000 to £101,000 in recent months, providing a solid foundation for investors. The property will be auctioned on October 24, 2025, with a deadline for offers at 3pm.