This property is a turn-key rental investment consisting of four flats, each with a potential to increase rents in line with current market rates. The flats are located near local amenities, including shops and schools, and Bishop Auckland Station is approximately 1.2 miles away. The properties are leasehold, with each flat held on a lease for 155 years from 2005, with 135 years unexpired. The current rent is £16,400 per annum, with potential to increase to £21,600 or more. The guide price is not disclosed, but the reserve will be within the guide range or no more than 10% above a single figure guide. The property is being sold by public auction on December 11th, 2025, and interested parties can find more information, legal documents, and a guide to the auction process on the website.