This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
1/14
£100,000
2 bedroom Mid Terrace House for sale, Edward Street, Durham, DH1
Features and Description
- Two Bedroom Mid-Terrace Property
- Great Location
- EPC Rating C
- Council Tax Band B
Auction Commencing on Monday 16th November from 1pm and ending 24 hours later on Tuesday 17th November from 11am with Auction House North East.
Please register to bid via the website - auctionhouse.co.uk/northeast
Two-bedroom freehold terraced property in Durham, generating £700 PCM (£8,400 per annum), with two reception rooms, enclosed rear courtyard and EPC rating C.
An excellent opportunity for buy-to-let investors to acquire this two-bedroom terraced property, offered for sale with a tenant in situ generating £700 per calendar month (£8,400 per annum). Situated within a convenient residential location in Durham, the property offers an immediate rental income and represents an attractive addition to an investment portfolio.
The accommodation is arranged over two floors and extends to approximately 74 sq m (797 sq ft), comprising an entrance hallway, spacious living room with bay window, separate dining room and fitted kitchen to the ground floor.
To the first floor, the landing provides access to two bedrooms, including a generously proportioned main bedroom, a family bathroom and a separate shower room, offering practical accommodation for tenants.
Externally, the property benefits from an enclosed rear courtyard with useful outbuildings providing additional storage space.
The property is situated on Edward Street in Durham, conveniently positioned for access to the city centre, local shops, schools and everyday amenities. Durham offers a wide range of shopping, leisure and educational facilities, together with excellent transport connections, including Durham railway station and access to the A1(M), making the location appealing to a variety of tenants.
Currently generating £8,400 per annum, the property provides an opportunity for investors seeking an established rental investment with income from completion, subject to the existing tenancy arrangements.
Property Information
Tenure: Freehold
EPC Rating: C
Current Rental Income: £700 PCM
Annual Rental Income: £8,400
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.
Edward Street, Durham, DH1
Additional Information
-
Property refQDR260440
-
EPCC
-
TenureFreehold
Do you have a property you need to sell?
Your Move Estate Agents Durham
Your Move Durham
89 Elvet Bridge, Durham, DH1 3AG
Mon - Fri09:00 - 17:00Saturday09:00 - 13:00SundayClosed
Buyer Tools
Mortgage Calculator
Monthly payment
£
Borrowing £90,000 and repaying over 25 years with a 2.5% interest rate.
Now you know what you could be paying, book an appointment with our partners Embrace Financial Services to find the right mortgage for you.
Stamp duty calculator
Similar properties for sale by Your Move Durham
Nearby locations
Photos
Floorplan
Map view
Street view
The pin shows the exact address of the property
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
74Potential
87CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs