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Station Road, Seaham, County Durham, SR7 2 bed end of terrace house for sale
Station Road, Seaham, County Durham, SR7
£130,000
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 an ideal investment opportunity, comprising a vacant ground floor commercial unit and a two-bedroom first-floor flat on separate titles with individual utilities. The commercial unit, previously used as a hair salon, is currently vacant and can generate an estimated £8,450 per annum in rental income, while the first-floor flat is tenanted at £6,760 per annum and is due to be vacated. The property is in good condition, with double glazing and separate heating and electrical systems for each unit, and offers strong rental potential. With a combined achievable rental income of £15,200 per annum, this property is a versatile and well-maintained opportunity that is highly recommended for early viewing.