Well-located investment-ready apartment near Durham city centre.
Top-floor two-bedroom flat with ensuite and separate bathroom
This two-bedroom top-floor apartment in Gilesgate offers a straightforward investment or starter home in a well-kept modern development. At 681 sq ft the layout is efficient: a large living room, separate kitchen, two bedrooms (one ensuite) and a family bathroom. The flat has double glazing and electric storage heating, and was previously rented for £900pcm.
The building benefits from under-cover and communal off-street parking and landscaped communal grounds, making it practical for tenants or owner-occupiers. The property is chain free, comes with a long lease (c. 972 years remaining) and an EPC grade C. Service charges average £1,620 per year and council tax sits at Band D.
Notable constraints are clear and factual: heating is electric storage heaters rather than gas, service charges are moderate, and the local area records higher crime levels — factors investors or buyers should weigh against rental income and location. Broadband and mobile signal are average. No private garden is evident; outdoor space is communal only.
Overall this is a modest, well-located apartment suited to buy-to-let buyers targeting students and professionals, or first-time buyers seeking a city-edge base with parking and low immediate maintenance. Inspect to confirm condition of appliances, heating and communal facilities before committing.
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