Summary - 12, HIGH STREET NORTH DH7 8JG
2 bed 1 bath Commercial Property
**Standout Features:**
- Mixed-use property: commercial retail unit with a two-bedroom student rental flat above.
- Located on a busy shopping parade, just 2 miles from Durham City.
- Currently generating impressive rental income: approximately £1,000/month for the commercial space and £1,170/month for the flat.
- Features include a large open-plan studio, kitchen, bathroom, and utility spaces with exposed brickwork and natural light.
- Includes a stone-flagged rear yard with roller shutter access.
- Gas central heating and double glazing enhance efficiency.
**Potential Concerns:**
- Property is of average size and might require updates to align with modern standards.
- It lacks exterior gardens or standout views, being situated in an urban shopping area.
This versatile property presents a prime investment opportunity for those looking to capitalize on rental income in an area with low crime and high community engagement. The ground floor is currently set up for commercial use, suited for fitness or performing arts, while the upstairs flat is ideal for student housing, situated conveniently near local amenities and excellent schools. The thriving local environment, coupled with solid rental figures, underscores the potential for steady returns. Whether you're an investor seeking dual income streams or a family wanting residential space above a business you can operate, this property promises value and future flexibility. Don't miss out on this unique chance to invest in a property with both rental appeal and growth potential!
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