£85,000
Retail premises for sale
Property photos
Just added
£85,000
(£85,000.00/sq. ft)
Retail premises for sale
Darlington Road, Ferryhill DL171 sq. ft
Local area information
Property location
Nearby amenities
- Dean Bank Primary and Nursery School 0.1 miles
- Broom Cottages Primary & Nursery School 0.4 miles
- Bishop Auckland 5.2 miles
- Newton Aycliffe 5.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
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.
More information
Listed by
Century Three LTD
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Century Three LTD. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Century Three LTD for full details and further information.