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Agent details

This property is listed with:
Elvet Estates
85 New Elvet, Durham
Telephone:
03303 300999
 

Full Details for 7 Bedroom Terraced for sale in Durham, DH1 :

SEVEN BED STUDENT INVESTMENT, LOCATED IN THE VIADUCT OFFERING A 10.2% YIELD

This property has been converted from a famous local off licence shop and two new bedrooms have been added to form a great house.A spacious 7 bedroom house in the Viaduct is very rare and for it to become available for sale, even rarer.
The property is a licenced HMO and is currently managed by award winning student letting agency, Bill Free Homes. The property currently brings in a gross rent of £43,680 offering an investor a gross yield of 10.2% and is rented until 30th June 2016.
The property comprises on the ground floor a large living room, kitchen, shower room and three double bedrooms. On the first floor, there is a shower room, a bathroom (with shower and WC) and three double bedrooms. The second floor has the seventh double bedroom.
The furnishings are of high quality and the property is to be sold with all inventory items and furniture throughout. All bedrooms have double beds, ensuring that the house remains extremely popular with current tenants and future tenants alike.
Due to the rare opportunity to purchase student investment properties in the Viaduct, we expect this property to be in high demand and suggest that viewings are booked in as early as possible. Viewings can be arranged by calling 0191 375 7000.


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House Prices for houses sold in DH1 4EL

Stations Nearby

Chester-le-Street
5.5 miles
Durham
0.3 miles
Bishop Auckland
8.9 miles

Schools Nearby

Durham Trinity School
0.9 miles
Durham School
0.3 miles
Durham High School for Girls
1.3 miles
The Chorister School
0.4 miles
Neville's Cross Primary School
0.5 miles
St Margaret's Church of England Primary School
0.2 miles
New College Durham
1.4 miles
St Leonard's Roman Catholic Voluntary Aided Comprehensive School
0.6 miles
Durham Johnston Comprehensive School
0.5 miles