18/22/22a Market Street, Dudley

Auction Guide Price £190,000
Market Street 18/22/22a Cramlington NE23 7HR UK
18/22/22a Market Street, Dudley
Market Street 18/22/22a Cramlington NE23 7HR UK
  • Auction Guide Price £190,000

Features

  • Generating yield of 9.37% on asking price
  • Large rear yard with parking
  • Mixed investment near Cramlington
  • Prominent main road location
  • Rental income of £21540 per annum
  • Two commercial and one residential tenant

Description

Property for sale. Mixed investment. Rental income £21,540 per annum*. Yield of 11.34% on asking price.
Well presented mixed investment in Dudley area. Two commercial tenants (sandwich deli and hair salon) and one residential tenant. Both commercial tenants have been in situ for over 10 years. Two bedroom tenanted flat with tenant on AST. Large rear yard with additional parking. Prominent main road location. Great investment opportunity or expansion to current portfolio.
*rental income based on condition of new 5 year leases
EPC: D/C/D
Auction Guide Price: £190,000+
Ref I062

Live Auction on Wednesday 30th April 2025 – Option 1

For Sale by Auction. Terms and Conditions apply, see agentspropertyauction.com

Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. 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 up to 10% 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. The successful buyer pays a £2,000+VAT (total £2,400


Downloads

Property Documents

Energy Performance Certificate
Brochure

Overview

  • Commercial, Sale
  • Property Type
  • 0
  • Bedroom
  • 0
  • Bathroom

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