£295,000 /Sale price

Nicholas Humphreys are excited to offer this exceptional opportunity to acquire a 4 bedroom student investment property located in Gilesgate. The home is currently tenanted until the end of June 2027 for £142pppw achieving an impressive return of £29,536 per Anum (including bills).This is a turnkey investment property presents an exciting opportunity for investors looking to either add to their portfolio or enter the Durham market. This home boasts generous floorplan comprising an entrance hallway, ground floor double bedroom, galley kitchen and living room. To the first floor lie two double bedrooms as well as a well-proportioned single bedroom and communal bathroom. The home is present with gas central heating and UPVC double glazing throughout.To the exterior lies a gated shared driveway, single storey garage, a walled front garden and a private fenced rear garden complete with a stone patio.The home is located within the popular student location of Gilesgate, tucked away in the cul-de-sac of Long Acres. The property finds itself near an abundance of local amenities including shops, pubs / restaurants, leisure facilities and university campuses. This home is perfectly positioned with easy and convenient access routes into Durham City, which itself plays host to an abundance of shopping and recreational facilities. The property provides excellent options for commuting purposes with easy access to the A690 and A1M.The property is to be sold with tenants is situ along with all current furniture, fixtures, fittings and appliances.Council Tax Band - BEPC Rating - DServices - Mains water, gas and electricity are available to the property but none of these, nor any of the appliances attached thereto, have been tested by Nicholas Humphreys, who gives no warranties as to their condition or working order. Telephone subject to suppliers regulations.Free Valuations - If you have a property to sell please contact us to arrange your free valuation.Local Authority - Durham County Council, Durham, County Durham, DH1 4SGFixtures, Fittings & Appliances - The mention of any fixtures, fittings and/or appliances does not imply they are in full efficient working order.Internal Photographs - Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale.Measurements - Every care has been taken to reflect the true dimensions of this property but they should be treated as approximate and for general guidance only.Money Laundering - Where an offer is successfully put forward we are obliged by law to ask the prospective purchaser for confirmation of their identity. This will include production of their passport or driving license and a recent utility bill to prove residence. This evidence will be required prior to solicitors being instructed.General Note - These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on these Particulars of Sale as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this agent's employment has the authority to make or give any representation or warranty in respect of the property.Hours Of Business - Our office is open Monday to Friday 9am till 5pm. EPC rating: D. Tenure: Freehold,