Four-bedroom mixed-use investment

Ground floor vacant commercial unit and a potential four-bedroom HMO flat across the first and second floors, subject to the necessary consents. The property was refurbished in October 2026, with works including roof and damp repairs, new windows, a new residential front door, new carpets, and herringbone pattern flooring. The shop and flat benefit from separate gas and electricity meters. Estimated rental values are £16,800 per annum from the HMO (four rooms at £350 per calendar month, bills included) and £4,200 per annum from the commercial unit, totaling £21,000 per annum and offering a potential 19.1% gross yield. Murray Street is a busy local parade, situated about a six-minute walk from Middleton Grange Shopping Centre and 0.6 miles from Hartlepool station, which provides direct train services to Newcastle and London King's Cross. The town is currently undergoing major regeneration led by the Hartlepool Development Corporation. Accommodation comprises a ground floor commercial unit with a kitchenette and WCs, first floor with two bedrooms, kitchen, and bathroom, and second floor with two bedrooms, bathroom, and separate WC.