Terraced house for sale in New Street, Durham, County Durham DH1
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Property features
- £27,000 rent per annum
- Contract exludes bills
- 8% yield
- Popular city centre location
- Walking distance to the university, train station and amenities
- Viewing by appointment only
Property description
This exceptional investment opportunity is perfect for investors seeking a high-yield property in the heart of Durham. The property, currently let for £27,000 per annum excluding bills, offers an impressive yield of 8%. According to the Vendors, they have secured bookings from 1st July 2024 for one year until June 2025.
The property is ideally located in the vibrant Viaduct area of Durham City and provides spacious accommodation across two floors.
The layout includes a ground-floor bedroom accessible from the hallway, lounge/diner and kitchen at the rear.
On the first floor, there are two further bedrooms and a bathroom.
The property, of freehold tenure, located in the Viaduct and is just a short walk from the city's amenities, bus station, and East Coast mainline railway station, offering tenants convenient access to travel.
This three-bedroom property is a prime investment in one of Durham's most sought-after locations.
Property info
For more information about this property, please contact
Dowen, DH1 on +44 191 392 0226 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Dowen, and do not constitute property particulars. Please contact Dowen for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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