Summary - 1c Boste Crescent DH1 5US
2 bed 2 bath Flat
Income-producing apartment with long lease and immediate cashflow potential.
Tenant in place until September 2025, earning £1,100 pcm
Potential gross yield around 9.7% at current rent
Leasehold with 135 years remaining and £250 ground rent
Two double bedrooms; main includes en-suite shower
Allocated off-street parking; communal maintained grounds
Mains gas central heating and UPVC double glazing throughout
Area records higher-than-average crime rates — consider impact
Average broadband speeds; council tax band moderate
This well-presented two-bedroom apartment in DH1 offers immediate income and an above-average gross yield. A tenant is in situ until September 2025 paying £1,100 pcm, providing predictable cashflow and easy transition back to the rental market. The development dates from the mid-2000s and is maintained with communal spaces and allocated off-street parking.
Internally the layout is linear and practical, with a bright lounge/dining room, fitted kitchen, a main bedroom with en-suite shower, a second double bedroom and a separate bathroom. The property benefits from mains gas central heating, a modern boiler and UPVC double glazing throughout, helping with tenant appeal and running costs.
Important facts: the flat is leasehold with 135 years remaining and an annual ground rent of £250. Broadband speeds are average and the immediate area records higher crime levels, which may affect some renters’ preferences. Council tax is moderate and flood risk is low.
Location is a key strength for letting: easy access to the A1(M), short walks to Durham city centre, the train station and employment hubs such as the university and hospital. The neighbourhood attracts professionals, students and commuters, supporting steady rental demand. For an investor seeking a turn-key letting opportunity with 9.7% potential yield, this property represents a clear, income-focused option, though buyers should factor in local crime statistics and leasehold costs.
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