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About this property

*** FANTASTIC INVESTMENT OPPORTUNITY - FLAT AND TWO COMMERCIALS ***

Quite an unusual listing, this property incorporates a spacious first and second floor apartment over two seperate retail units, both occupied by settled and bustling hair and beauty businesses which of course generate rental income.

Starting with the residential accommodation, the property comprises;

Attractive entry hall with feature original parque flooring and staircase leading to the main accommodation. There is access to the rear of the property leading to the enclosed yard area.

To the first floor there is an attractive and spacious lounge and dining area, this is located to the front of the property and has attractive bay window to the lounge and windows to the front and side aspect in the dining area.

There is a kitchen hosting a range of wall and floor units, in addition to integrated oven and hob, plumbing and space for washing machine and space for tall fridge/freezer.

The master bedroom is also located on this floor and has a range of fitted wardrobes and bedside cabinets,

The house bathroom is located on the first floor, with fully fitted bathroom suite including seperate shower.

To the second floor there are two further bedrooms, both able to hold double beds and associated furniture. The stairs come up into bedroom two and this leads through to bedroom three.

The residential property has been occupied by the current owners so has been well maintained and cared for, so is offered in great order.

As are the salons, both being occupied, well presented and maintained by established local businesses.

The nail salon (door number 29) has large window and access from the front for clients into main salon, whichleads through to the treatment rooms and kitchen area plus WC to the rear. There is an internal door giving access to the main accommodation, which can be secured from the internal for residential privacy.

The hair salon (door number 28) also has large window and client entry door to the front plus store area and seperate kitchen and WC.

There is an internal door giving access to the main accommodation, which can be secured from the internal for residential privacy.

Being an income generating purchase, this one is certainly one worthy of great consideration, either as a residential purchase with that addition or a complete investment generating three seperate income streams.

Please call for more information.

Key information

Council Tax Band: A

Tenure: Freehold

  • Utility supply:

    • Electric: Ask agent
    • Water: Ask agent
    • Heating: Ask agent
    • Broadband: Ask agent
    • Sewerage: Ask agent

    Rights and restrictions:

    • Private rights of way: Ask agent
    • Public rights of way: Ask agent
    • Listed property: Ask agent
    • Restrictions: Ask agent

    Risks:

    • Flooded in last 5 years: Ask agent
    • Flood defences: Ask agent
    • Source of flood: Ask agent

Energy Performance Certificate

EPC
  • Property responsive
    Morton Crescent, Fencehouses, Houghton Le Spring, Tyne and Wear, DH4 3 flat
    £
    £
    £
    Years
    %
    * Estimated monthly repayment: £...

    *Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable. If you would like guidance on the right mortgage for you, we recommend speaking to a Countrywide Mortgage Services Consultant who will be more than happy to help.

    The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 31/12/2024 and is correct as at 13/02/2025.

Agent details

Durham

    15 Elvet Bridge
    Durham
    County Durham
    DH1 3AA
Phone Icon Icon set Phone 01914620067

Extras

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