Flat for sale in Quebec Street, Langley Park, Durham DH7

£125,000
Interested in this property? Call +44 191 392 0856 * or Request Details

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Flat for sale - 1 bedroom

1 1 EPC Rating: C EPC Rating: C

Tenure:
Not available
Council tax band:
Not yet known - A band has not yet been confirmed.

Property features

  • High Yield Opportunity: Enjoy a substantial 11% combined yield from both the commercial unit and the residential flat.
  • Stable Tenancy: Benefit from reliable, existing tenants, ensuring a steady income stream from day one.
  • Prime Location: Situated on Quebec Street, Langley Park, this property offers excellent visibility and access to potential customers.
  • Convenience: Close proximity to local amenities, public transportation, and essential services adds to the property's desirability.
  • Low Maintenance: Well-maintained commercial unit and residential flat, reducing the need for immediate renovations.
  • Investor's Dream: A hassle-free, income-generating investment with all the elements in place for long-term financial growth.

Property description

Welcome to this fantastic investment opportunity on Quebec Street, Langley Park. This property comprises a spacious commercial unit with a one-bedroom residential flat above, both currently tenanted, making it an ideal prospect for investors. With a combined monthly rental income of £1075 (£700 for the retail unit and £375 for the residential flat), you can enjoy a combined yield of 10.32%

Commercial Unit:

The ground floor features a well-maintained commercial unit with ample space for a variety of businesses.
Currently rented, providing a steady income stream of £700 per month.

Residential Flat:

The first floor includes a comfortable one-bedroom residential flat, offering cozy living quarters.
Presently occupied, generating a consistent monthly rent of £375.

Key Investment Highlights:

An already impressive yield, making it a lucrative investment opportunity.
Secure, reliable tenants already in place.
Prime location on Quebec Street, Langley Park, ensuring high visibility and foot traffic for the commercial unit.
Convenient proximity to local amenities, transport links, and community services.

Video tour available on request.

Contact Bridgfords Durham:
Don't miss out on this excellent investment opportunity. For further details and to arrange a viewing, please contact Bridgfords Durham at . Act now to secure your stake in this promising income-generating property.

Floorplan(s): Floor-Plan

Floor-Plan View original

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For more information about this property, please contact
Bridgfords - Durham Sales, DH1 on +44 191 392 0856 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bridgfords - Durham Sales, and do not constitute property particulars. Please contact Bridgfords - Durham Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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