£130,000
Est. Mortgage £651 per month*Get Pre-Qualified

2 bedroom end of terrace house for sale

County Durham, SR7
terraced house terraced house
bedrooms 2 bedrooms

Property description

This well-presented mixed-use property offers an ideal investment opportunity, comprising a vacant ground floor commercial unit and a two-bedroom first-floor flat. To be sold as one lot, the two units are on separate titles with individual utilities, providing flexibility and convenience for investors. The combined achievable rental income is approximately 1,170 per calendar month (15,200 per annum). The ground floor commercial unit, most recently used as a hair salon, is currently vacant and offers an estimated rental income of 650pcm (8,450pa). The layout includes a main reception/shop area, inner reception room, treatment room, kitchen, cloakroom/WC, and access to a rear yard. The first-floor flat is currently tenanted at 520pcm (6,760pa), with the tenant due to vacate. It benefits from its own private entrance and comprises an entrance hall, staircase, landing, lounge, dining room, kitchen, bathroom, and two bedrooms. To the rear of the property is a larger, insulated garage with a roller shutter door, providing additional value and security. The property is in very good order throughout, with double glazing and separate heating and electrical systems for each unit. This is a versatile and well-maintained property with strong rental potential, and early viewing is highly recommended to fully appreciate the opportunity on offer.
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County Durham, SR7

Marketed by

Dowen 25 Church Street,Seaham,SR7 7HQ
Call agent on 0191 5813355
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Based on a 25 year mortgage, with a 10% deposit and a 4.50% interest rate.

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