Summary - Flat 4, 49 High Street South, Langley Moor DH7 8EU
6 bed 5 bath Block of Apartments
**Standout Features:**
- Block of 5 self-contained tenanted flats
- Current annual income: £24,600
- Freehold ownership with land for off-street parking
- Close to Durham City Centre (1.5 miles)
- Appealing low crime rate and affluent area
- Strong potential rental income and future growth
**Notable Concerns:**
- Older construction (1950-1966) with solid brick walls and assumed insulation needs
- Some apartments have lower EPC ratings (D)
This attractive block of five contrasting apartments in Langley Moor represents a compelling investment opportunity for savvy buyers seeking consistent rental income. Currently yielding around £24,600 annually, this freehold property consists of 4 one-bedroom and 1 two-bedroom apartments, each equipped with living room/kitchen arrangements and private bathrooms. Located just 1.5 miles from Durham City Centre, it provides convenient access to local shops, amenities, and excellent transport links.
While the building dates back to the 1950s, the solid brick structure offers renovation possibilities to increase value. The off-street parking at the rear adds practicality, while the low crime rate and surrounding affluent neighborhoods foster a sense of comfort for tenants. Despite some lower EPC ratings reflecting energy efficiency, the property's potential for long-term gain makes it a wise choice in today's market. Don’t miss the chance to secure this excellent asset in a vibrant area that's sure to attract future tenants.
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