Summary - 103 GILESGATE DURHAM DH1 1JA
4 bed 2 bath Terraced
**Standout Features:**
- **Grade II Listed Property**: Adds historical charm and potential for unique renovations.
- **Prime Student Location**: Popular with students and young professionals; walking distance to Durham city centre.
- **Current Rental Income**: Let for £28,080 per annum, showcasing strong rental yield.
- **Spacious Layout**: Four bedrooms, two bathrooms, and a study space provide ample room for tenants or families.
- **Long Lease**: Approximately 238 years remaining on a leasehold basis.
- **Well-Maintained**: Modern kitchen with integrated appliances and bright, inviting living spaces.
**Summary:**
This impressive Grade II listed mid-terraced home presents a lucrative investment opportunity, currently let for £28,080 per year. Positioned in the heart of Gilesgate, this property appeals to students and professionals alike, thanks to its proximity to local amenities, public transport links, and the vibrant city centre of Durham. The generous layout features four bedrooms, two bathrooms, a stylish modern kitchen, and even a dedicated study area, perfect for accommodating multiple tenants or offering family-friendly spaces.
While the historic aesthetics may pose certain preservation challenges, the property is well-presented and thoughtfully maintained, making it ready for immediate occupation or continued rental. The atmospheric charm of the sandstone façade, paired with contemporary interiors, ensures a desirable residence that won't last long on the market. Explore the potential for further growth in rental income, and consider this unique opportunity to secure a spacious home with a long lease and expansive appeal. Early viewings are highly recommended to appreciate what this property has to offer!
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