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6 bedroom semi-detached house for sale
Faraday Court, Durham, DH1
£595,000
Faraday Court, Durham, DH1
£595,000
Our Summary
- Nicholas Humphreys are thrilled to present this prime investment opportunity - a high-yielding 6-bedroom property in excellent condition and perfectly positioned in the ever-popular Neville’s Cross, just a 15-minute walk from the Science Site and Main University Library
- A ready-made investment opportunity ideal for those looking to maximise returns—whether you're expanding your existing portfolio or entering the lucrative Durham market
Description
This prime investment opportunity is a 6-bedroom property in excellent condition, located in the popular Neville's Cross area of Durham, just a 15-minute walk from the Science Site and Main University Library. The property is fully tenanted for the 25/26 academic year, generating an impressive annual income of over £50,000. The property boasts a generous floorplan, with a large kitchen, utility room, and integral garage, as well as four well-proportioned bedrooms and two further sizeable double bedrooms. The property has gas central heating, a new gas boiler, and UPVC double glazing throughout. The exterior features a paved driveway and a private fenced rear garden with a stone patio area. The property is ideally placed for commuters, with excellent rail links and access to major cities such as London, Birmingham, and Edinburgh. The property is being sold with tenants in situ, along with all current furniture, fixtures, fittings, and appliances, making it a fantastic prospect for investors looking to secure strong and consistent returns in a thriving rental market.