Summary - Newgate Street, Morpeth NE61 1AT
1 bed 1 bath Commercial Property
**Key Features:**
- Two well-tenanted commercial units
- Four residential flats, all currently rented
- Prime town center location on Newgate Street, Morpeth
- Total income of £61,380 per year
- Off-street parking available
- Mixed-use property with historic Georgian character
Take advantage of a fantastic investment opportunity in the heart of Morpeth, featuring a striking Georgian building comprising two commercially leased units and four fully occupied residential flats. This prime location not only guarantees a consistent income of £61,380 annually but also offers easy access to a wealth of local amenities including shops, cafes, and public transport.
While the property boasts a historic charm, featuring high ceilings and arched windows, it's worth noting that its central location in a bustling area may come with higher local crime rates. Still, with strong rental demand in Morpeth and potential for future value appreciation, this mixed-use property offers financial security and flexibility for either seasoned investors or those looking to expand their portfolio. Don’t miss out on this rare opportunity—properties like this are seldom available!
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