Albert Road

Investment Opportunity: Freehold Commercial Property with Residential Flat in Jarrow Overview A unique opportunity to acquire a freehold property in a highly sought-after area of Jarrow. This property comprises a commercial unit on the ground floor, currently let to a well-established business, and a spacious two-bedroom flat on the upper floor, generating steady rental income from long-term tenants. For Investors This property is an attractive investment due to its combination of stable rental income and its position within a busy area of Jarrow. The ground-floor commercial unit is let to a local business at a rate of £238.33PCM. The flat on the upper floor is let under an (AST) to a long-term tenant, currently generating a rental income of £475 per calendar month (PCM). There is scope for a rent review on both the shop and flat. Jarrow has seen positive rental growth trends in recent years, making this mixed-use property a solid investment. Key Details Council Tax Band for flat: Band A (estimated annual cost: £1,465) Tenure: Freehold