Alma Terrace, Durham DH1 2 bed end of terrace house for sale

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Alma Terrace, Durham DH1 2 bed end of terrace house for sale

Alma Terrace, Durham DH1
£160,000

Our Summary

  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This well-maintained 2-bedroom end-of-terrace house in Durham offers a reliable and long-term investment opportunity for investors. The property, which was refurbished five years ago, features two bedrooms, a triple-fixture bathroom, a lounge, and front and back yards with secure fencing and gates, as well as an available parking space. Currently producing an annual gross income of £14,400, this property has the potential to generate rewarding rental returns. The current tenants, who have lived in the property for several years, are committed to staying, making this a stable and attractive investment opportunity. With its excellent condition and sought-after location in the university city of Durham, this property is a worthwhile addition to any investor's portfolio.