4 bedroom Flat for sale in Ferryhill

About the property

An excellent property investment consisting of three commercial units with a large flat above. Gross rental returns are approximately £24,000 p.a. The block is located in the heart of this thriving small town, just off the market square, in a busy parade. Numbers 7-8 (let to a kitchen supplier) has a shop area of 74 sqm approximately, with an additional garage of 75 sqm approx. No. 9 is a lock-up unit of 25 sqm. No. 10 is let to a popular local hairdresser with 45 sqm to the ground floor and 34 sqm to the first floor. The upper floor flat is spacious and well fitted (114 sqm (internal) with combi gas central heating, double glazing etc) This is an excellent potential investment. Read more

Property at a glance

  • Mixed Commercial / Residential Investment
  • 10% Yield Overall
  • Number 7-8 is a Commercial Unit
  • Number 9 is a Commercial Unit
  • Number 10 is a Commercial Unit
  • Number 9A is a Residential Unit
  • For Sale - The Freehold of All Properties

Contact agent

Contact agent

Kimmitt & Roberts Estate Agents

Imperial Buildings 1 Church Street

Houghton Le Spring

Tyne & Wear

DH4 4DJ

United Kingdom

Tel: 0191 5848080

info.houghton@kimmittandroberts.com

Property Photos