4 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- Approved HMO Planning Permission
- Parking Availability
- Prime Student Location
- Contemporary Kitchen
- 4 Spacious Bedrooms
- Modern Bathrooms
Investment Opportunity: Stunning 4-Bedroom Student House in Gilesgate, Durham
Price: Offers above £200,000
Presenting a prime investment opportunity in the sought-after student area of Gilesgate, Durham. This 4-bedroom house is currently under refurbishment, with completion expected by September/October.
Investment Highlights:
- 4 Spacious Bedrooms: Designed to provide comfortable study and relaxation spaces, ensuring high occupancy rates.
- 2 Modern Bathrooms: Each equipped with freestanding showers, offering a luxurious experience.
- Contemporary Kitchen: Outfitted with modern appliances, including a dishwasher and washer dryer, catering to the student market's needs.
- Prime Location: Located in a highly popular student area of Durham, with a bus route providing direct access to the city centre and Durham University, making it highly attractive to students.
- Convenient Amenities: Close to a large supermarket, retail shops, and popular takeaways, enhancing tenant satisfaction and retention.
- Parking Available: Ample parking space, a valuable feature for students with cars.
- Approved HMO Planning Permission: Situated in an Article 4 area, ensuring a compliant and profitable investment.
- Fully Furnished: The property is sold fully furnished, including fixtures and fittings, white goods, TV, mattresses, lamps, and kitchen goods. Contact us for a full list.
- Pre-Let for 12 Months: The property has students signed up for 12 months from July 2025 to July 2026, generating an income of £23,920 per annum.
With a strong demand for student housing in Durham, this property promises excellent rental returns and minimal vacancy. The ongoing refurbishment and modern amenities position it as a top choice for students, ensuring steady and attractive rental income. Don’t miss out on this lucrative investment opportunity in Durham's thriving student market.
With its strategic location, upcoming refurbishment, and student-friendly design, it’s the perfect addition to any investor's portfolio.
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Property reference 272367. 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 Aycliffe Homes - Newton Aycliffe.
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Broadband availability and predicted speed: obtained from Ofcom on April 26, 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
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on April 26, 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 November 26, 2023 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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