Summary - 63 GILESGATE DURHAM DH1 1HY
6 bed 2 bath Terraced
Turnkey student-let close to Durham University and city centre.
Let to six students – immediate income and proven demand
This traditional mid-terrace in Gilesgate is a turnkey student investment, currently let to six tenants. The layout maximises rental rooms with two well-equipped bathrooms and a high-quality open-plan living/dining kitchen that opens to a small private garden — features that keep tenants comfortable and bookings steady.
The property is freehold, constructed before 1900 with solid brick walls and double glazing. It benefits from excellent mobile signal and fast broadband, and sits a short walk from Durham city centre and the university, supporting strong year-round demand.
Buyers should note material negatives: the Energy Performance Certificate is D and the original solid walls likely lack insulation, which could mean higher heating costs and future retrofit expense. The area records higher-than-average crime levels, and the overall plot and internal size are small compared with modern builds. Council tax banding and detailed tenancy terms are not provided here and should be confirmed.
For investors seeking an immediate income-producing asset in a prime student neighbourhood, this property offers proven occupancy, modern communal living spaces and straightforward management. Budgeting for potential energy-efficiency upgrades and understanding local safety factors will be important for long-term returns.
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