Summary - 3, Pickering Place DH1 1EG
2 bed 1 bath Apartment
Chain-free, let investment in central Durham with parking and communal garden..
Chain-free and currently let at £730pcm
104 years remaining on lease; freehold not included
711 sqft; two bedrooms, one bathroom, average-sized rooms
Off-street parking and communal garden included
Service charge £904 (below average); council tax cheap
Electric storage heaters — potentially higher running costs
Double glazing and modern 2007 build; no flood risk
Local demographic skews older / social-renter profile
A chain-free, two-bedroom apartment in central Durham offered with an existing tenancy at £730 pcm — a straightforward purchase for a buy-to-let investor or landlord seeking an immediately let asset. The flat sits in a modern 2007-era development and benefits from off-street parking, a communal garden and double glazing, all helping to keep ongoing maintenance manageable.
Practical details favor a low-maintenance holding: a remaining lease of 104 years, below-average service charge (£904), no flood risk and a low local crime rate. The accommodation totals about 711 sqft with an open-plan living area, a modern kitchen and one bathroom — a compact but sensible layout for city renters or professionals.
Buyers should note the heating is via electric storage heaters, which can be more expensive than gas or mains alternatives and may affect running costs. Broadband speeds are average and the immediate area is classified as having a higher proportion of retirement and social-renter residents, which can influence tenant profile and long-term rental demand.
Overall this is a practical, chain-free rental investment in a well-served part of Durham. Its turnkey tenancy, parking and manageable service charges make it simple to add to a portfolio, while the heating type and local demographic mix are the main factors to weigh before purchase.
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