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5 Bed HMO, Durham, DH1 2JP £450,000

Malvern Villas, Durham, County Durham, DH1 2JP - 4 views - 10 months ago
  1. Deal Search
  2. Durham
  3. DH1
  4. DH1 2JP
Under Offer
HMO
ROI: 4%
~178 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Links

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Property History

Price changed to £450,000

March 24, 2025

Listed for £500,000

January 29, 2025

Floor Plans

Description

  • 5 Bedroom - 5 Bathroom House +
  • Superb Investment Property - Student Let +
  • Refurbished To High Standard Internally +
  • Well Presented Throughout +
  • Currently Let At £175 Per Room Per Week - Let Agreed For 2025/26 +
  • Gross Annual Income At Current Rental Circa £46,000 +
  • Solar Panels Fitted, All Modern Refitted Shower Rooms and Kitchen +
  • HMO Property +
  • Solar Panels Fitted +
  • EPC Rating - B +

Spacious Five-Bedroom Student Investment Property. We are thrilled to present this generously proportioned five-bedroom student investment property, currently tenanted until the end of July 2026. The property features four double bedrooms, each with en-suite shower rooms and WCs, along with a fifth double bedroom that benefits from its own separate shower room. Key Investment Highlights: Annual Gross Rent: Approximately £46,000 (including utilities) until June 2025. Future Tenancy Secured: Let agreed for the 2025/26 academic year. Fully Furnished Sale: The property is sold with all furniture, fixtures, and fittings included. Modern Efficiency Features: Benefits from UPVC windows, a modern gas central heating system, and solar panels, significantly reducing energy costs. HMO Licence: Licensed for five bedrooms. Development Potential: Opportunity to expand into the attic space (subject to obtaining the necessary consents and permissions). Property Layout: Ground Floor: Entrance porch and hallway, two double en-suite bedrooms, and a lounge with open-plan access to a contemporary refitted kitchen featuring built-in appliances. First Floor: Landing leading to three additional double bedrooms, two with en-suite shower rooms, and a separate shower room for the fifth bedroom. The property has been meticulously maintained, with recent updates to the electrics, heating system, décor, and flooring, creating a stylish, modern, and comfortable living environment for tenants. This property represents a fantastic investment opportunity, combining high rental income, long-term tenancy agreements, and future development potential.

Solar Panels fitted, Current HMO Licence, Let for Academic year 2025/26 at £175 per room per week.

Agent Details

Dowen, Durham

0191 625 0118

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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