Initial price	£160,000
08/02/25	£140,000
Price Change	-12.50%

This mid-terrace building is being sold by online public auction on February 13th, 2025, with a guide price of £140,000+. The property is fully let, producing an annual income of £27,300, reflecting a gross initial yield of 19.5%. The building is arranged over three floors, providing five self-contained flats, including one with three bedrooms and four with one bedroom each. The flats are each subject to individual tenancies, with a combined rent of £27,300 per annum. The property is located on a residential road near local shops and amenities, with Ropner Park and transport links nearby. Potential buyers can view the legal documents and property details on the auctioneer's website.