3 bedroom terraced house

TERRACED + VERSATILE PROPERTY + THREE BEDROOMS + GARAGE / WORKSHOP + INVESTMENT OPPORTUNITY + NO CHAIN + RESIDENTIAL + Welcome to this versatile and unique property, presenting an exceptional investment opportunity for both seasoned investors and growing families. Located in a prime spot, the property, previously a mixed-use commercial/residential space, is now fully residential, offering multiple income possibilities. The separate areas that have be previously let at (Ł600pcm) flat, (Ł400pcm) shop, and garage/workshop at (Ł300pcm), providing a potential rental income of Ł1,400pcm. With the right planning permission and licensing, there’s excellent HMO potential for 5-6 bedrooms, generating between Ł1,750 and Ł2,400pcm. The property features a spacious reception room, ideal for various uses, including utility, and a convenient ground-floor WC. The first floor includes a generous living kitchen, two double bedrooms, a family bathroom, and a versatile loft room. At the rear, a large garage/workshop with hot and cold plumbing, roller shutter, security doors and offers plenty of storage potential. The property’s prime location ensures consistent demand for both residential and commercial spaces, making it a lucrative prospect for investors. Situated in Easington Colliery, with easy access to the A19 and close proximity to Peterlee, this property offers long-term value and a steady income stream. Don’t miss the chance to add this income-generating asset to your portfolio – contact us today to schedule a viewing and unlock its full potential. Dowen

Details

Bedrooms
3

Purchase Price £
95000

ROI %
18.00

Cashflow(PCM) £
405