Summary - ST GODRIC'S COURT 1 CASTLE CHARE DURHAM DH1 4TY
2 bed 1 bath Apartment
Character city-centre apartment with strong rental income and long lease.
Tenanted until July 2026 at £1,400pcm, producing over 7.5% gross yield
Set within Durham’s World Heritage core, this converted two-bedroom apartment offers a strong lettings profile and immediate income. Currently tenanted at £1,400pcm until July 2026, the flat delivers a gross yield above 7.5% and comes fully furnished, simplifying buy-to-let management for investor or professional purchasers.
The apartment retains period character — high ceilings, exposed brick and large heritage-style windows — combined with practical upgrades such as Heritage double glazing and gas central heating. The ground floor provides a generous lounge flowing to a kitchen/diner and bathroom; a mezzanine level houses two double bedrooms and the boiler. Residents have access to a shared communal garden for outside space in this central location.
Important considerations are factual and material: the property is leasehold with approximately 974 years remaining, a peppercorn ground rent and a service charge of about £1,620 per year (£135 pcm). It sits in an area described with higher crime levels, has basic broadband speeds, and parking is informal/on-street rather than private. The second bedroom is the smaller of the two, so layout may suit couples, sharers or single professionals more than families.
Overall this compact, well-maintained conversion suits investors seeking immediate rental return and buyers wanting a characterful city-centre base. Tenanted income, long lease, and central transport links make it an efficient acquisition, while buyers wanting long-term owner-occupation should note the tenancy, service charge and limited private outdoor/parking space.
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