Property description

Investment Property - 70 High Street, Willington, Crook. Willington DL15 0PF

Two storey mid terrace property consisting of ground floor retail & W/C circa 36.8 sq. m. (396 sq. ft.) VOA and first floor 1 bedroom flat with lounge, kitchen and bathroom which is actually on the ground floor.The one bedroom flat is currently let on an AST at £3,600 per annum with the tenants occupying it for 2 years plus, the lease on the shop has just ended but was achieving £3,600 per annum

When the property is fully occupied the rental income would be £7,200 per annum giving a yield of 14.4 % on Guide Price
Auction Price £49,950

For Sale by auction terms and conditions apply see www.agentspropertyauction.com.

“Each auction property is offered at a guide price and is also subject to a reserve price. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.”