>
Durham DH1 2 bed flat for sale
Durham Portfolio, Durham, DH1 1EG
£495,000
Durham Portfolio, Durham, DH1 1EG
£495,000
Our Summary
- Currently generating approximately £46,000 in annual rental income, this portfolio offers a 9% yield, making it a fantastic investment opportunity for landlords and investors alike
- Investment OpportunityThis portfolio provides an excellent balance of stability and potential growth
Description
This is a unique investment opportunity to acquire a portfolio of five high-yield rental apartments in the sought-after DH1 postcode area of Durham. The properties, situated in two prime locations, are fully tenanted with a 100% occupancy rate and generate approximately £46,000 in annual rental income, yielding over 9%. The apartments are centrally located, within walking distance to Durham city centre, with excellent access to amenities, transport links, and local businesses. The strong rental history and consistent demand from professionals and students, driven by the presence of Durham University, make this a secure and profitable investment choice. With the local economy thriving and property values and rental yields expected to continue growing, this portfolio presents an excellent balance of stability and potential growth for investors.