2 bedroom flat for sale

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2 bedroom flat for sale

Marygate, Berwick-upon-tweed, Northumberland TD15
£365,000

Our Summary

  • Reduced Buyers Fee: 1% of Sale Price (Min £3250 +vat)Total – 3,819 sq ft OUTSTANDING INVESTMENT OPPORTUNITY
  • Auction Details19 September 2024, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
  • Future Property Auctions - Scotland's Largest Land and Property Auction House

Description

This property is an outstanding investment opportunity, offering a mixed-use property with a commercial ground floor unit and three self-contained upper floor apartments. The property is situated in a highly prominent trading position in Berwick-upon-tweed, producing a total annual income of £37,700. The ground floor is let to Ladbrokes on a full repairing and insuring lease until 2032, while the three upper floor apartments are let on ASTs, producing an additional £17,700 per annum. The property benefits from an excellent location, situated in the heart of the town centre, close to local and national amenities, and offers excellent links by road and rail. With a total floor area of 3,819 sq ft, this property is sure to appeal to investors looking to purchase an easily manageable and rentable property in a sought-after location.
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