4 bedroom property for sale
Key information
Property description & features
- Buy-to-Let Opportunity
- Cash flow Opportunity
- Tenanted
- Within 1 Mile of Durham City
- Tenure: Freehold
This is an ideal opportunity for an investor to expand their portfolio with a high cash-flow
asset.
A 3 bedroom, semi-detached house with an annex at the rear, currently achieving a gross
rent of £2423 per calendar month (£29,076 per annum), bills inclusive. This gives a very
healthy 12.1% yield.
Full Description - Rare investment property with huge cash-flow in Durham City.
This is an ideal opportunity for an investor to expand their portfolio with a high cash-flow
asset.
A 3 bedroom, semi-detached house with an annex at the rear, currently achieving a gross
rent of £2423 per calendar month (£29,076 per annum), bills inclusive. This gives a very
healthy 12.1% yield.
This is a turnkey opportunity as the tenants have signed up to another twelve month
tenancy, staying for the 2024-25 academic year.
City centre location and very close to valuable amenities, the main property benefits from 3
spacious bedrooms, a separate lounge and a dining room, 1 kitchen and 3-piece bathroom.
While the annex benefits from 1 Bedroom (Ensuite), a separate lounge and a kitchen.
If you are seeking to level up your income and receive huge cash flow each month, this is
the perfect property to invest in.
This property has been priced to sell to a smart investor who recognises value when they
see it.
The property will sell quickly so move quickly to not miss out.
For more information or to arrange a viewing, please contact us today!
More pictures and recorded video walkthrough available.
A fully refundable buyer's premium applies to secure this property.
Council Tax Band A
Epc - EPC Rating - C
EPC Link -
Freehold - We have been informed that the property is Freehold. Interested purchasers should seek clarification of this from their Solicitors.
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Please note Stuart Edwards Estate Agents is the trading name for Bluepace Durham Ltd.
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Property reference 33102692. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Stuart Edwards Estate Agents - Claypath.
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Broadband availability and predicted speed: obtained from Ofcom on January 10, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 10, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on October 25, 2017 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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