Summary - ST GODRIC'S COURT 1 CASTLE CHARE DURHAM DH1 4TY
2 bed 1 bath Apartment
Long-lease furnished apartment with strong rental income and character features.
Tenanted until July 2026 at £1,400pcm — immediate income and >7.5% gross yield
Sold furnished with high ceilings and heritage-style double glazing
Approx. 974 years remaining on lease — long leasehold security
Service charge about £135/month (£1,620 pa) and peppercorn ground rent
Shared communal garden; no private outdoor space for the apartment
Located in Durham city centre close to station, shops and universities
Gas central heating, mains services; Energy Rating C
Higher local crime reported — consider occupier suitability
Set within Durham’s UNESCO World Heritage city centre, this two-bedroom conversion combines period character with practical investment appeal. High ceilings, heritage-style double glazing and exposed red-brick elevation give the apartment an authentic feel while internal presentation is modern and well maintained. The building sits close to transport links, shops and universities, making it attractive to professionals and students.
Currently let at £1,400pcm until July 2026, the property offers a gross yield above 7.5% at the asking price. It is sold furnished and benefits from gas central heating, a long lease (approx. 974 years remaining) and access to a shared communal garden. The layout has a large ground-floor living room leading to a kitchen/diner, with two double bedrooms on the mezzanine level.
Buyers should note this is a leasehold apartment with an average service charge of about £1,620 per year and a peppercorn ground rent. External space is communal rather than private, and the conversion format means shared maintenance responsibilities. Crime levels in the area are reported as high, which may affect some occupier profiles.
Overall this is a straightforward, well-presented city-centre flat suited to buy-to-let investors or professionals seeking a central, characterful home with immediate rental income and long-term capital growth potential.
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