Summary - 27 LONG ACRES DURHAM DH1 1JF
4 bed 1 bath Semi-Detached
Ready-let 4-bed HMO in Gilesgate delivering immediate rental income until June 2026..
Let to students until June 2026 producing £29,536 pa (including bills).|Four-bedroom HMO: three doubles and one single, one communal bathroom.|Gas central heating and UPVC double glazing throughout.|Driveway, single-storey garage and private rear garden.|EPC rating D — not energy efficient by modern standards.|Dated exterior/interior; selective refurbishment likely required.|Sold with tenants and existing furniture, limiting immediate vacant possession.|Located in an area with higher crime rates and local deprivation.
This 1930s semi-detached house in Long Acres, Gilesgate, is offered as a turnkey 4-bedroom student investment currently let until June 2026. It delivers the advertised income of £142.00 per person per week and an annual return of £29,536 (including bills), making it a clear option for investors seeking immediate rental cashflow in Durham.
The layout includes a ground-floor living/dining room, fitted galley kitchen, one ground-floor double bedroom, two double first-floor bedrooms, one single bedroom and a single communal bathroom. Gas central heating and UPVC double glazing are fitted throughout; the property also benefits from a gated driveway, single-storey garage and private rear garden — practical for sharers and easy to manage externally.
Material points to note: the property sits in an area classed as deprived with a higher local crime rate, and the exterior and some internal elements are dated and likely to need ongoing maintenance or selective refurbishment. EPC rating D and just one bathroom for four tenants are functional but not premium features. The property is sold with tenants in situ and with current furniture, fixtures and white goods, so any buyer should expect occupation until the tenancy end and carry out their own checks on services and appliances.
Overall, this is a straightforward, income-producing student HMO in a popular rental location close to local amenities and good transport links. It suits an investor looking for immediate yield with scope to improve long-term returns through selective upgrades or management optimisation, while accepting the constraints of location and some maintenance needs.
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