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Guide price

£300,000

Block of flats for sale
Main Street, Crawcrook, Ryton NE40

  • Auction

Auction House North East

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About this property

    For sale by online auction on Tuesday, 30 Sep 2025 ending at 13:00

    Fully Let Mixed-Use Investment – £33,240 Annual Income

    For viewings requests, please contact Your Move Crawcrook on O


    An excellent opportunity to acquire a fully let mixed-use investment property comprising three self-contained flats and a ground floor retail unit, generating a strong rental income.

    The accommodation includes:

    11A Main Street – One-bedroom flat, sold with sitting tenant paying £495 pcm

    11B Main Street – One-bedroom flat, sold with sitting tenant paying £450 pcm

    11C Main Street – Two-bedroom flat, sold with sitting tenant paying £575 pcm

    Ground Floor Shop Premises – Let on a 10-year lease at £1,250 pcm (currently let, though no trading business has commenced)

    Total Current Income: £2,770 pcm / £33,240 per annum

    Located on Crawcrook’s Main Street, the property is well-positioned close to local shops, amenities, and transport links, making this an attractive long-term investment.

    Auctioneer’s Note:

    This lot offers a ready-made investment opportunity with an established rental income stream. Buyers are advised to consult the legal pack for full tenancy details.

    Tenure: Freehold (further details within the legal pack)

    EPC Ratings: Available within the legal packTenure: FreeholdEPC Rating: see legal pack

    Portrait Video Tour
    False

    Additional Fees
    Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel

    Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

    Price Information
    * Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Additional Fees Information
    Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

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    Property descriptions and related information displayed on this page are marketing materials provided by - Auction House North East. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Auction House North East for full details and further information.