Alma Terrace, Durham DH1 2 bed terraced house for sale

>

Alma Terrace, Durham DH1 2 bed terraced 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 2-bedroom mid-terraced house in Durham is a fantastic opportunity for investors seeking a reliable, long-term investment. The property, which was refurbished five years ago, boasts 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, it produces an annual gross income of £14,400 with long-term tenants who have consistently paid their rent and do not intend to move out. With its highly desirable location in the university city of Durham, this property has the potential to generate rewarding rental returns and be a worthwhile addition to an investor's portfolio.