This leasehold two-bedroom flat investment property is located at 159 Collingwood Court in Washington, Tyne and Wear, and is available for sale under an auction contract with a guide price of £15,000 plus. The property features a spacious reception room, kitchen, bathroom, and two bedrooms, with uPVC double glazing and gas central heating. The flat is currently vacant and has previously generated an income of £5,160 per annum. The leasehold tenure extends 125 years from April 1986, with 88 years remaining, and the ground rent is £10 per annum, with a service charge of £1000 per annum. Located in the historic town of Washington, the property offers easy access to various amenities and attractions, making it an attractive investment opportunity for buy-to-let landlords.