Grieves Buildings, New Herrington... 7 bed house for sale

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Grieves Buildings, New Herrington... 7 bed house for sale

Grieves Buildings, New Herrington, Houghton Le Spring
£235,000

Price History

Initial price £430,000
05/09/24 £400,000
28/09/24 £300,000
01/01/25 £265,000
01/02/25 £235,000
Price Change -45.35%

Description

This mixed-use building is situated in a thriving urban area, offering a unique blend of residential and ground floor spaces. The ground floor units are designed to be flexible, making them suitable for various business uses, and benefit from high foot traffic from both residents and the surrounding community. The upper floors feature a combination of unfinished apartments, providing significant potential for further development, subject to planning regulations. The property also boasts a parking area at the rear, which offers scope for expansion or the introduction of additional amenities. With its prime location and current design, this property is an attractive opportunity for investors looking to capitalize on future development opportunities.