3 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- This property, now fully residential, offers three potential rental incomes: ground floor, first floor, and rear storage unit.
- Located in Easington Colliery with excellent transport access and close to Peterlee, ensuring high tenant demand.
- The property features a ground floor with a reception room, kitchen, and WC, and a first floor with a living kitchen, two bedrooms, bathroom, and a loft room.
- A spacious rear garage/storage unit (11.8m x 6.0m) offers room for expansion or valuable storage. No onward chain simplifies the transaction.
- EPC Rating: Awaiting
Investment Opportunity: Versatile Residential Property with Income Potential
Welcome to this unique and versatile property that presents an exceptional investment opportunity for seasoned investors or a growing family, Situated in a prime location, this property, once a mixed commercial/residential space, is now classified as fully residential, offering the potential for multiple income streams. Property and shop is now rented out, Flat £600.00 pcm and Shop £300.00pcm. Tenants are happy to stay but can be sold without
Property Overview:
- Location: Seaside Lane, Easington
- Property Type: Residential
- Price: £99,950
- Listing Type: For Sale
- No Onward Chain
Property Features:
Ground Floor:
- An inviting entrance hall welcomes you into the property.
- The spacious reception room, formerly a shop, provides ample space for various uses.
- A well-equipped kitchen is ideal for meal preparation and dining.
- A convenient ground floor WC adds to the property's practicality.
First Floor:
- A generous living kitchen on the first floor offers an open-plan functional space.
- Two comfortable bedrooms provide excellent accommodation options.
- A modern bathroom ensures convenience and comfort.
- An additional loft room provides flexibility for various purposes.
External Features:
- A significant garage/storage unit at the rear of the property measures 11.8m x 6.0(max), offering ample space for storage with hot and cold running water, sink and extractor fan .
Investment Potential:
This property holds immense investment potential. With the right permissions, it can generate three separate rental incomes from the ground floor unit, first floor unit, and the spacious storage unit. The property's strategic location ensures a steady demand for both residential and commercial spaces, making it an enticing prospect for investors seeking a reliable source of income.
Location:
The property is ideally located in Easington Colliery on a busy street. Its accessibility to the A19 and proximity to Peterlee make it an attractive choice for tenants or future buyers. Don't miss this golden opportunity to add a versatile income-generating property to your investment portfolio. Contact us today to schedule a viewing and explore the full potential of this property.
Room Dimensions:
GROUND FLOOR
Reception Room
9.0 x 5.0 (max)
Kitchen
5.3 x 3.5
FIRST FLOOR
Lounge/Kitchen
6.1 x 4.5 (max)
Bedroom
3.6 x 3.6
Bedroom
4.0 x 3.5
SECOND FLOOR
Landing Area
5.8 x 2.7
Loft Room
5.7 x 2.9
Water Meter
No
Council Tax Band
A
Places of interest
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Property reference KMM_SHM_LFSYCL_725_910266437. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Kimmitt & Roberts - Seaham.
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Broadband availability and predicted speed: obtained from Ofcom on September 19, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on September 19, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on September 20, 2023 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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