4 Bedroom Terraced for sale in Durham, DH1
Lowes Barn Bank, Durham, DH1£230,000
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Full Details for 4 Bedroom Terraced for sale in Durham, DH1 :
Student Investment Property located in the popular Nevilles Cross Area, offering a yield of 7% to investors
The property currently has four bedrooms and two bathrooms; and is fully let until June 2018. The landlord currently achieves a rental of £15,808 p.a. until June 2017 and then £16,224.00 p.a. until June 2018, ensuring a 7% yield.
Student investment properties located in Nevilles Cross are just a short walk from the Business School and St Aidans College; the new development at Sheraton Park also means that Ustinov College will only be a short walk from the property, when this opens in late 2017.
The property comprises, on the ground floor of a living room and the kitchen with dining area. The first floor has four bedrooms and two communal bathrooms. Externally to the rear, there is a yard.
This investment has a solid history of no voids during the current ownership and has deemed consent for student lettings, and as such is exempt from the new Article 4 Direction in place within this area.
To arrange a viewing, please call 0191 375 7000 or email elvet@elvetestates.co.uk
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House Prices for houses sold in DH1 3QJ
Stations Nearby
- Chester-le-Street
- 6.1 miles
- Durham
- 1.0 mile
- Bishop Auckland
- 8.2 miles
- Bishop Auckland
- 8.3 miles
Schools Nearby
- Durham Trinity School
- 1.5 miles
- Durham School
- 0.6 miles
- Durham High School for Girls
- 0.8 miles
- Bow Durham School
- 0.8 miles
- Neville's Cross Primary School
- 0.3 miles
- St Margaret's Church of England Primary School
- 0.5 miles
- St Leonard's Roman Catholic Voluntary Aided Comprehensive School
- 1.2 miles
- Durham Community Business College for Technology and Enterprise
- 2.0 miles
- Durham Johnston Comprehensive School
- 0.9 miles
