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Malvern Villas, Durham, County... 5 bed terraced house for sale
Malvern Villas, Durham, County Durham, DH1
£450,000
Malvern Villas, Durham, County Durham, DH1
£450,000
Our Summary
- Development Potential: Opportunity to expand into the attic space (subject to obtaining the necessary consents and permissions)
- This property represents a fantastic investment opportunity, combining high rental income, long-term tenancy agreements, and future development potential
Description
This spacious five-bedroom student investment property is currently tenanted until the end of July 2026 and features four double bedrooms with en-suite shower rooms and WCs, as well as a fifth double bedroom with its own separate shower room. The property benefits from modern efficiency features such as UPVC windows, a gas central heating system, and solar panels, which significantly reduce energy costs. It is fully furnished and has a let agreed for the 2025/26 academic year, generating an annual gross rent of approximately £46,000, including utilities. The property also has development potential, with the opportunity to expand into the attic space subject to obtaining the necessary consents and permissions. With a current HMO licence and solar panels fitted, this property represents a fantastic investment opportunity, combining high rental income, long-term tenancy agreements, and future development potential.