Summary - 1 KEPIER HEIGHTS DURHAM DH1 1LN
6 bed 3 bath End of Terrace
Let to students and professionals for 2025/26 with immediate rental return.
Six double-bedroom HMO with confirmed lets for 2025/26
Projected annual income £58,032 (bills included)
Open-plan living with floor-to-ceiling rear window
Double driveway and generous rear garden
EPC Grade C; Council Tax Band E (above average)
Property sold freehold; gas central heating, double glazing
Unique layout may restrict simple conversion to other uses
Located in higher-crime area; currently tenanted, viewings limited
This six-bedroom end-of-terrace in Gilesgate presents a ready-made HMO let to students and professionals, offered freehold with confirmed academic-year lets for 2025/26. The property currently generates projected income of £58,032 per year (£186 per person per week, bills included), making it immediately cashflow-positive for an investor seeking central Durham exposure.
Internally the layout is distinctive: open-plan living/dining with a floor-to-ceiling rear window overlooking the garden, a ground-floor kitchen, three bedrooms and a bathroom, plus a lower-ground level with three further bedrooms and three shared bathrooms. The house benefits from double driveway off-street parking and a generous rear garden, plus double glazing and gas central heating. EPC grade C and Council Tax Band E are noted.
Important considerations: the property sits in a high-crime area and is currently tenanted, so viewings will be by appointment and subject to tenancy. The unique floorplan may limit straightforward conversion to alternative uses without reconfiguration. Fixtures, services and appliances have not been independently tested and some areas may need maintenance or updating between lets.
For an investor comfortable with a city-centre student market, this property offers immediate rental income, off-street parking and proximity to Claypath amenities and transport. Buyers seeking vacant possession, a family home, or lower-crime locations should factor in re-letting timelines, potential refurbishment costs and suitability of the layout for alternative occupiers.
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