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 offering a two-bedroom ground-floor flat for sale via modern method of auction, currently occupied by a tenant paying £525 per month, yielding around 11.42%. The property features an entrance hall, lounge with French doors leading to an enclosed garden, kitchen, bathroom, and two double bedrooms. The exterior benefits from a front garden, and the property is equipped with gas central heating and double-glazed windows. The 47-year lease remaining can be extended for approximately £18,000, and the property falls within Council Tax Band A, governed by Stockton Council. This presents an attractive investment opportunity for cash buyers.