>
Sponsored Get a Survey — free quotes via ReallyMoving
0 bed property
Thompsons Buildings, Houghton le Spring DH4
£565,000
Next Steps
Sponsored — free quotes via ReallyMoving
Get a Survey
Essential before buying a property with potential — compare up to 5 quotes free
Our Summary
- Presenting an exceptional freehold investment opportunity situated in the heart of Houghton le Spring, within the sought-after vicinity of Thompsons Buildings (postcode DH4 4JF)
- Early viewing is strongly recommended to appreciate the full scope and potential of this outstanding investment
Get alerted when similar properties are listed — Subscribe
Description
The property is a freehold mixed-use commercial property located in Houghton le Spring, with a ground floor featuring five spacious retail shops designed for maximum commercial appeal. There are also four self-contained residential apartments on the upper floor. The property produces an annual rental income of £57,839.88, reflecting a strong Net Initial Yield of 10.24% at the current price.