This tenanted two-bedroom first-floor flat is being sold via national online auction on February 3rd and is in need of improvement. The property, located on Stoddart Street, features a living room, kitchen, two bedrooms, and a bathroom, and benefits from a rear yard and on-street parking. The current rental income is £5,200 per annum, which could be increased to £8,400 per annum in line with the market value. The property is situated near public transport links, including Tyne Dock underground station, and has access to road links, shopping amenities, and local services. The property is being sold with a reserve price and the administration fee is £3,600 inc VAT payable on exchange of contracts.