£85,000
(£85,000.00/sq. ft)
Retail premises for saleDarlington Road, Ferryhill DL17
1 sq. ft
Just added
About this property
Mixed-Use Investment Opportunity | Commercial Unit & 3-Bed Apartment
Asking Price: £85,000 Location: Darlington Road, Ferryhill, DL17 8JP
Maximize your returns with this versatile mixed use asset in the heart of Ferryhill. This property combines a versatile ground floor commercial unit with a spacious, self contained three bedroom apartment, offering two distinct income streams from a single freehold investment.
The Financials
Total Potential Rent: £1,000 pcm (£12,000 pa)
Estimated Gross Yield: 14.1%
Breakdown: * Commercial Unit: Potential £550 pcm
Residential Apartment: Potential £500 pcm
Property Configuration
Ground Floor: Commercial Unit
Suitable for a variety of uses: Retail shop, professional office, or storage (Subject to Planning).
High-visibility frontage on a well connected road.
Upper Floors: 3 Bedroom Apartment
Bonus Feature: Dedicated separate access to the apartment, ensuring privacy for the residential tenant.
Layout:
Ground Floor: Kitchen/diner area.
First Floor: Two bedrooms, a comfortable lounge, and a family bathroom.
Second Floor: A third spacious bedroom.
Why This Investment Works
Dual Income Stream: Diversify your risk by letting to both a business and a residential tenant simultaneously.
Turnkey Potential: A straightforward rent and collect model with no complex management required.
Strategic Location: Situated on Darlington Road in Ferryhill, benefiting from local footfall and excellent links to Durham (less than 7 miles away) via the A167.
Investor Note: Mixed use properties at this price point are rare in County Durham. With a potential 14% yield and separate access already in place, this is a highly efficient addition to any portfolio looking for immediate cash flow.
Asking Price: £85,000 Location: Darlington Road, Ferryhill, DL17 8JP
Maximize your returns with this versatile mixed use asset in the heart of Ferryhill. This property combines a versatile ground floor commercial unit with a spacious, self contained three bedroom apartment, offering two distinct income streams from a single freehold investment.
The Financials
Total Potential Rent: £1,000 pcm (£12,000 pa)
Estimated Gross Yield: 14.1%
Breakdown: * Commercial Unit: Potential £550 pcm
Residential Apartment: Potential £500 pcm
Property Configuration
Ground Floor: Commercial Unit
Suitable for a variety of uses: Retail shop, professional office, or storage (Subject to Planning).
High-visibility frontage on a well connected road.
Upper Floors: 3 Bedroom Apartment
Bonus Feature: Dedicated separate access to the apartment, ensuring privacy for the residential tenant.
Layout:
Ground Floor: Kitchen/diner area.
First Floor: Two bedrooms, a comfortable lounge, and a family bathroom.
Second Floor: A third spacious bedroom.
Why This Investment Works
Dual Income Stream: Diversify your risk by letting to both a business and a residential tenant simultaneously.
Turnkey Potential: A straightforward rent and collect model with no complex management required.
Strategic Location: Situated on Darlington Road in Ferryhill, benefiting from local footfall and excellent links to Durham (less than 7 miles away) via the A167.
Investor Note: Mixed use properties at this price point are rare in County Durham. With a potential 14% yield and separate access already in place, this is a highly efficient addition to any portfolio looking for immediate cash flow.
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Monthly repayment
£425 per month
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