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3 bedroom terraced house for sale
New Street, Durham, County Durham, DH1
£330,000
New Street, Durham, County Durham, DH1
£330,000
Our Summary
- This exceptional investment opportunity is perfect for investors seeking a high-yield property in the heart of Durham
Description
This exceptional investment property in Durham's vibrant Viaduct area offers a high-yield opportunity with a current rental income of £27,000 per annum, excluding bills, and an impressive yield of 8%. The property, with freehold tenure, provides spacious accommodation across two floors, including a ground-floor bedroom, lounge/diner, and kitchen, as well as two further bedrooms and a bathroom on the first floor. Its prime location, just a short walk from the city's amenities, bus station, and East Coast mainline railway station, ensures tenants have convenient access to travel. With bookings secured from July 2024 to June 2025, this three-bedroom property is a prime investment in one of Durham's most sought-after locations.