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7 bedroom house for sale
Grieves Buildings, New Herrington, Houghton Le Spring
£300,000
Grieves Buildings, New Herrington, Houghton Le Spring
£300,000
Price History
Initial price | £400,000 |
28/09/24 | £300,000 |
Price Change | -25.00% |
Description
This mixed-use building is located in a thriving urban area, featuring ground floor spaces with large units suitable for various uses, such as retail or office space, with high foot traffic from both residents and the surrounding community. The upper floors house a combination of unfinished apartments, offering significant potential for further development, subject to planning regulations. The building's roof could be converted into additional residential units, adding value, and the parking area at the rear offers scope for expansion or the introduction of additional amenities. With a Council tax band A and freehold basis, this property is a prime candidate for investors looking to capitalize on future development opportunities.