2 bedroom end of terrace house for sale

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2 bedroom end of terrace house for sale

Station Road, Seaham, County Durham, SR7
£130,000

Our Summary

  • 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

Description

This mixed-use property presents a unique investment opportunity, comprising a vacant ground floor commercial unit and a two-bedroom first-floor flat, both on separate titles with individual utilities. The combined achievable rental income is approximately £15,200 per annum. The ground floor unit, previously used as a hair salon, is currently vacant and offers an estimated rental income of £8,450 per annum. The first-floor flat is currently tenanted at £6,760 per annum, with the tenant due to vacate. The property is in very good order throughout, with double glazing and separate heating and electrical systems for each unit, and benefits from a larger, insulated garage with a roller shutter door. With strong rental potential, this versatile property is an attractive opportunity for investors, and early viewing is highly recommended.