1 bed flat for sale in Quebec Street, Langley Park, Durham DH7, £125,000

125,000.00

Offer Nr.:
65871051
Type of ad:
for Sale
Property type:
1 bed flat
Bedrooms:
1
Reception rooms:
1
Contact name:
Bridgfords - Durham Sales
Phone(s):
0191 392 0856

* 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.
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 approximately 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.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)