• Ideal student investment property +
• 6 letting rooms +
• HMO licence. +
• Communal living/dining/kitchen +
• Bathroom and shower room. +
• Popular location +

Currently rented for the 2025/2026 academic year, this 6 double bedroomed student house has a current annual income of £57,250 gross and is an ideal investment opportunity.

It is an extended double fronted mid terraced town house located on Gilesgate Bank and briefly comprises: hall, communal kitchen/living/dining room, utility and downstairs WC. There are 2 ground floor and 4 first floor bedrooms along with a first floor bathroom and shower room and it has a garden to the rear.

The property is within walking distance of the immediate City Centre so is therefore conveniently placed close to the many shopping and recreational facilities and amenities available as well as many of the university and college buildings as well as being an ideal position from which to commute being close to the railway station, the bus station, the A(690) Durham to Sunderland Highway and the A1(M) Motorway.

MATERIAL INFORMATION:

In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance

PART A
Local Authority – Durham County Council
Council Tax Band – E as the property is a student let no charges are currently payable.
Tenure – Freehold

PART B
Property Type – mid terraced house
Property Construction – Standard
Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls
Gas Supply- Mains
Electricity supply – Mains
Water Supply – Mains (not metered)
Sewerage – Mains
Heating – Gas fired central heating via radiators
Estimated Mobile phone coverage – Please refer to the Ofcom Website -
Estimated Broadband Download speeds – please refer to the Ofcom Website –
Parking-no on site parking. Street parking only.

PART C
Building Safety – (The Vendor is not aware of any Building Safety issues. However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm)
Restrictions – Covenants which affect the property are contained within the Land Registry Title Register which is available for inspection.
Selective licencing area – no
Article 4 Planning Restricted area – the property is subject to Durham City Article 4 Direction. It has been used as an HMO for in excess of 10 years and has a current HMO licence.
Conservation Area – The property is in Durham City Conservation Area
Rights & Easements- None
Flood risk – Rivers and seas: very low. Surface water: very low
Coastal Erosion – N/A
Protected Trees – N/A
Planning Permission – none
Accessibility/Adaptations – The property has not been altered for accessibility
Mining Area – Coal Mining Reporting Area, further searches may be required.

No other Material Information disclosures have been made by the vendor. This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing. However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.

Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed. If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.

HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, this includes buyers when their offer is accepted. This must be completed, per purchaser, who in the transaction will result in being the legal owner(s) of the property. There is a £30 (inc VAT) administration fee per individual purchaser, for these checks.