£129,950

Property for sale

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Just added
Freehold

£129,950

Property for sale

3 Browns Buildings, Front Street, Dipton, County Durham DH9

Local area information

Property location

Nearby amenities

  • Collierley Primary School 0.1 miles
  • St Patrick's Roman Catholic Voluntary Aided Primary School, Dipton 0.4 miles
  • Blaydon 6.4 miles
  • MetroCentre 6.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Mixed use three storey investment
  • Ground floor retail with three bedroom maisonette
  • Floor Area 121.8 sq. M. (1311 sq. Ft.)
  • Producing £9000 per annum rental income
  • Prominent position in the heart of Dipton village
  • Fully let to Pretty Little Pieces gift shop
Mixed use three storey investment. Ground floor retail with three bedroom maisonette. Floor Area 121.8 sq. M. (1,311 sq. Ft.). Producing £9,000 per annum rental income. Prominent position in the heart of Dipton village. Fully let to Pretty Little Pieces gift shop.

Price £129,950 Freehold

Ref I325

Location

The property is prominently situated in the heart of Dipton, a popular residential village in County Durham, approximately 5 miles west of Stanley and 10 miles south-west of Newcastle upon Tyne. The property enjoys a highly visible position on Front Street (B6309), the main thoroughfare through the village, benefiting from steady local traffic and good accessibility.

Description

The property comprises a well-presented, mid-terrace, three-storey sandstone building beneath a pitched slate roof. The ground floor provides a self-contained retail unit, while the upper floors offer spacious residential accommodation arranged over the first and second floors, with an additional room within the converted loft space.

The property is well maintained throughout and benefits from double-glazed windows and gas central heating. The maisonette can be accessed either internally from the retail unit or independently via a private rear entrance, offering flexibility for occupation or re-letting.

Currently let to a tenant, this property represents a mixed-use investment, providing an immediate income stream with potential for future rental growth or redevelopment (subject to necessary consents).

Floor Area

121.8 sq. M. (1,310 sq. Ft.)

Rental Income / Tenant

£9,000 per annum - The entire property is currently let to Pretty Little Pieces, a gift shop, under a lease that is presently operating on a rolling basis.

Yield

6.92 %

Price

£129,950

Tenure

Freehold

Viewing

Strictly by appointment through this office.

Rateable Value

The 2025 Rating List entry is Rateable Value £2,550

Council Tax Band

A

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Rook Matthews Sayer - Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Rook Matthews Sayer - Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. County Durham
  4. Stanley
  5. Dipton
  6. Browns Buildings