Summary - 53 MIDDLE STREET BLACKHALL COLLIERY HARTLEPOOL TS27 4EE
2 bed 1 bath House
**Standout Features:**
- Mixed-use building with a shop and a residential flat.
- Monthly rental income of £900, providing solid investment potential.
- Tenants currently in place: shop on a 5-year lease at £500/month, flat on a 6-month lease at £400/month.
- Ground floor shop includes storage rooms, WC, and rear access to a yard.
- Two-bedroom flat features a separate entrance, modern amenities, and cozy living space.
**Potential Concerns:**
- High crime rate in the local area.
- Broadband speeds reported as very slow.
- Located in a deprived area with limited amenities.
This mixed-use property on Middle Street, Blackhall Colliery, presents a rare investment opportunity for those looking to capitalize on immediate rental income. With a combined rental income of £900 per month from established tenants, this well-appointed building is perfect for investors aiming for a solid yield in a busy, vibrant location. The ground floor shop features ample storage and customer-accessible space, while the two-bedroom flat above boasts modern conveniences nestled in a practical layout.
Despite its potential, be mindful of the surrounding area's challenges, including a high crime rate and slow broadband speeds. However, the property’s strategic positioning allows for visibility and foot traffic, essential for commercial success. With excellent connectivity to local schools and amenities, this is an ideal investment for those looking to build value or renovate in the future. Don’t miss this chance to secure a versatile property that promises both immediate cash flow and future potential!
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