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2 bedroom apartment for sale
Woods Terrace, Murton, Seaham, SR7
£60,000
Woods Terrace, Murton, Seaham, SR7
£60,000
Our Summary
- AUCTIONEER COMMENTS:This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period
Description
Holbrook and Co Estate agents are excited to present this exceptional, multi-use freehold space in Seaham, comprising a ground floor commercial shop and a two-bedroom first floor flat. The property boasts a total floor space of 130.36 sq. m (1403 sq. ft) over two floors, located in a busy shopping parade with a mix of commercial and residential properties. The ground floor shop features a fully refurbished space with kitchen facilities and a W/C, with separate access to the rear lane and a communal entrance to the first floor flat. The upstairs flat is also fully refurbished and offers two bedrooms. With an anticipated rent yield above 10%, the shop unit is expected to command £600-£700 pcm and the flat £475-£525 pcm, making this an attractive investment opportunity.