Initial price	£55,000
13/06/24	£52,000
27/09/24	£49,000
Price Change	-10.91%

Holbrook and Co Estate agents and iamsold are presenting a two-bedroom ground floor flat for sale via modern method of auction, ideal for cash buyers. The property is currently tenanted, with a monthly rent of £525, offering a yield of around 11.42%. The flat features an entrance hall, lounge with French doors leading to an enclosed garden, kitchen, bathroom, and two double bedrooms. Externally, the property boasts a front garden and benefits from gas central heating and double-glazed windows. With a 47-year lease remaining, the opportunity to extend the lease is available at a cost of around £18,000. The property is situated in an area with a Council Tax band of A, managed by Stockton Council.