Grieves Buildings, New Herrington... 7 bed house for sale

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Grieves Buildings, New Herrington... 7 bed house for sale

Grieves Buildings, New Herrington, Houghton Le Spring
£265,000

Our Summary

  • * FOR SALE BY MODERN AUCTION *This mixed-use building seamlessly integrating residential and ground floor spaces
  • There is significant potential for further development, subject to planning regulations
  • Additionally, the parking area at the rear of the property offers scope for expansion or the introduction of additional amenities, such as storage units or recreational facilities
  • Auctioneer CommentsThis property is for sale by the Modern Method of Auction
  • This method of auction requires both

Description

This mixed-use building in a thriving urban area offers a unique blend of residential and ground floor spaces, providing flexibility for various business uses and high foot traffic from both residents and the surrounding community. The ground floor units are designed to cater to different business needs, while the upper floors feature a combination of unfinished apartments with significant potential for further development, subject to planning regulations. The building's roof could be converted into additional residential units, and the parking area at the rear offers scope for expansion or the introduction of additional amenities. With its prime location and current design, this property is an attractive opportunity for investors looking to capitalize on future development potential.
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