Offers in region of
£330,000
3 bed terraced house for sale
New Street, Durham, County Durham DH1Freehold
3 beds
1 bath
1 reception
EPC Rating: D
Key information
Tenure
Freehold
Council tax band
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About this property
£27,000 rent per annum
Contract exludes bills
8% yield
Popular city centre location
Walking distance to the university, train station and amenities
Viewing by appointment only
This exceptional investment opportunity is perfect for investors seeking a high-yield property in the heart of Durham. The property, currently let for £27,000 per annum excluding bills, offers an impressive yield of 8%. According to the Vendors, they have secured bookings from 1st July 2024 for one year until June 2025.
The property is ideally located in the vibrant Viaduct area of Durham City and provides spacious accommodation across two floors.
The layout includes a ground-floor bedroom accessible from the hallway, lounge/diner and kitchen at the rear.
On the first floor, there are two further bedrooms and a bathroom.
The property, of freehold tenure, located in the Viaduct and is just a short walk from the city's amenities, bus station, and East Coast mainline railway station, offering tenants convenient access to travel.
This three-bedroom property is a prime investment in one of Durham's most sought-after locations.
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