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5 bedroom terraced house for sale
Elvet Waterside, Durham, DH1
£575,000
Elvet Waterside, Durham, DH1
£575,000
Our Summary
- **CASH BUYERS ONLY**Bradley Hall is delighted to welcome to the market this five-bedroom INVESTMENT PROPERTY with tenants in situ until 8th July 2024
Description
This five-bedroom investment property is located in a prime location, within walking distance of the Castle and Cathedral World Heritage Site and the city's central shopping and leisure area. The property has a HMO license and is currently generating a yield of 6.78% through renting the five bedrooms for £3250 per month (bills excluded). The property features a modern kitchen, utility room, and three tiled bathrooms, as well as a single garage. The location offers a pleasant walking and recreation area along the River Wear, which also hosts an annual boating regatta. The university city has a thriving population of young academics and a mix of local residents, with great transport links via the central train station, nearby A1(M) road network, and airports at Newcastle (20 miles) and Tees Valley (15 miles).