£400,000 Asking price

4 bedroom Mid Terrace House for sale,
Durham, DH1

Features and Description

  • Four bedroom mid terrace, Gross return expected 9.5%
  • For Investor seeking rental opportunity
  • Fully contracted for 2023-24/2024-25
  • Council Tax band C
  • Approx. 1152 sq. ft/107 sq.mtrs floor area
  • EPC Rating D

This is an excellent opportunity for an Investor seeking a property which, we are informed by the Vendors, has bookings for the rest of this academic year as well as for a full financial year, July 2024 - June 2025, representing a gross return on investment of approx. 9.5% per annum with a current 2023-2024 income of circa gross £38,400 per annum before bills which are paid by the Landlord.

From the hallway too is stairs leading to a ventilated basement, used by tenants as a communal room.

The property is situated in the Centre of Durham, and provides ample accommodation across four floors.
A hallway leads to a ground floor double bedroom as well as a previously extended kitchen to the rear which has a raised dining area, electric oven and hob, plumbing for a washing machine access to a ground floor shower room with shower cubicle, WC and washbasin. There are patio doors from the kitchen area leading to the rear yard, offering an external space for tenants.
To the first floor are two further bedrooms as well as a further shower room with WC and washbasin as well as a shower cubicle.
Up a further flight of stairs is a half landing with storage cupboard off and access to a further bedroom with skylight.
Located in the popular Viaduct area of the City the property overlooks the Viaduct from the front over a green belt of land.
Being of freehold tenure, the house is just a short walk away from all City amenities as well as the bus station and the East Coast mainline railway station, allowing tenants easy access to travel.
Call Your Move Chris Stonock now to arrange your viewing.

IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

Atherton Street, Durham, DH1

Additional Information

  • Property ref
    QDR240127
  • EPC
    D
  • Tenure
    Freehold
  • Council Tax
    C
  • Local authority
    Durham County Council
Nicola Hall Branch Manager
Nicola Hall
Branch Manager

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Your Move Estate Agents Durham

Durham Branch Manager
Your Move Durham
89 Elvet Bridge, Durham, DH1 3AG
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Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

64

Potential

80

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A