Property for sale

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Property for sale

Western Terrace South, Murton, County Durham, SR7
£44,950

Our Summary

  • FOR SALE via Online Auction
  • DESCRIPTIONAn excellent opportunity to acquire a freehold, end-of-terrace mixed-use property offering immediate income and strong asset management potential
  • Located in a well-established area with good local amenities and transport links, the property is suitable for investors seeking a value-add opportunity, mixed-use rental income, or longer-term redevelopment potential (subject to planning)

Description

The property is a freehold, end-of-terrace mixed-use property located on Western Terrace in Murton, County Durham, with a retail unit on the ground floor and a one-bedroom apartment on the first floor. The retail unit, previously a café, has a transferable premises licence and benefits from good street frontage and visibility, making it attractive to potential tenants or owner-operators. The apartment is currently let on a residential tenancy agreement at £425 per month, providing a stable income stream. The property is situated in a well-established area with good local amenities and transport links, making it suitable for investors seeking a value-add opportunity, mixed-use rental income, or longer-term redevelopment potential (subject to planning).