Summary - Cross View Terrace, Nevilles Cross, Durham, DH1 DH1 4JY
4 bed 2 bath Terraced
Turnkey four-bed let near Durham University with immediate rental income.
Let for academic year 2025/26; income £30,868.80 including bills
A ready-made student investment offering: this four-bedroom mid-terrace is let for the 2025/26 academic year, producing an income of £30,868.80 (including bills). It is sold with tenants in situ along with existing furniture, fixtures and appliances, so the new owner gains immediate rental income and a turnkey management starting point.
The house sits within easy walking distance of Durham city and several university campuses, making it consistently desirable to students. The layout includes a ground-floor bedroom, open-plan lounge/kitchen, downstairs bathroom, two double bedrooms and a single bedroom upstairs with a shower room, plus an enclosed rear yard with gated access. The property has gas central heating and double glazing.
There is clear potential to increase appeal and long-term value through modest updating: the bathrooms are dated and would benefit from modernisation, and the overall floor area is small. Practical considerations include on-street parking only, the property being a probate sale (sale subject to probate), and its location in a coal mining reporting area, so buyers should carry out appropriate searches.
For investors seeking an income-producing, low-management-acquisition close to Durham University, this property offers immediate cashflow and straightforward tenant continuity. For purchasers wanting to maximise future capital value, a targeted refurbishment of sanitary fittings and communal areas would be the most effective next step.
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