**Standout Features:**
- 6 fully let bedrooms with high rental yield
- Ideal investment in a cosmopolitan student neighborhood
- Centrally located in Durham City; close to shopping and universities
- Gas central heating and communal living spaces
- No chain; freehold tenure
**Notable Concerns:**
- Article 4 planning restrictions
- Small plot size with on-street parking only
- No insulation in cavity walls
This mid-terrace Victorian property, boasting six letting rooms over three floors, presents a rare investment opportunity in a vibrant student area of Durham City. Fully occupied through the current academic year with a strong yield of £55,000 after bills, and a steady income of £52,500 secured up to 2026, it’s ideal for investors seeking a hassle-free entry into the rental market.
The property features communal living areas, a practical kitchen, and a bathroom spread across attractive medium-sized rooms with high ceilings, melding period charm with modern convenience. Situated in a prime location, you'll find yourself moments away from a range of amenities and easy accessibility to local universities and transport links.
While the home does face planning restrictions and comes with on-street parking, the positives far outweigh the drawbacks in this affluent area characterized by low crime and excellent mobile broadband options. This property is poised to attract demand and won’t be available for long, making it a must-see for savvy investors looking to capitalize on the thriving rental market.
