Summary - Church Street, Consett, DH8 DH8 5QA
1 bed 1 bath Not Specified
Town centre investment with immediate rental income and redevelopment potential.
3 ground-floor commercial units currently let to traders
Five first-floor flats generating rental income
Total internal area approximately 5,934 ft²
Gross annual income disclosed £56,713
EPCs: commercial B, flats D–E (energy upgrades likely needed)
Off-street parking opposite the property
Located in deprived area with higher crime levels
Sold via online auction — buyer to complete due diligence
For investors seeking a town-centre multi-let with immediate income, this mixed-use brick building on Church Street offers clear rental earnings and redevelopment potential. Three ground-floor commercial units are let to active traders (including a deli and barber) and five first-floor flats provide steady residential income, producing a disclosed gross annual rent of £56,713. The property is offered for sale via online auction — buyers should review auction terms and complete due diligence before bidding.
The accommodation totals approximately 5,934 ft² across commercial and residential floors. Commercial units hold B-rated EPCs while the flats range D–E, so energy improvement work may be required to raise residential efficiency and long-term marketability. Off-street parking is available opposite the building, and mobile signal is excellent; broadband performance is reported slow.
Location benefits from main road links (A691/A692) and a dense town-centre retail and services offer, supporting tenant demand. Material considerations: the immediate area is classified as deprived with higher-than-average crime, which can affect lettings and insurance costs. The building dates from mid-20th century commercial construction (1960s/modern style) and will suit buyers comfortable with town-centre investments and potential capital works.
Successful purchasers will want to verify tenancy documentation, service and maintenance history, individual flat condition, and local demand dynamics. The property is offered at auction, so timelines are condensed and the sale will follow auction terms and conditions.
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