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.
Interested in this property? Get in touch with our team.