- 6 Bed HMO Investment Property +
- Let for 25/26 Academic Year +
- Let for 26/27 Academic Year +
- Spacious Floorplan Over Three Floors +
- Popular Student Location +
- Returning in excess of £50,000 Per Annum Exclusive of Bills +
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. Fully tenanted for the 25/26 academic year, this turnkey investment is generating an impressive annual income in excess of £50,000.00 (excluding bills).
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. This property boasts a very generous floorplan spread over three floors comprising an entrance hallway, living room, w/c, large kitchen and utility room as well as an internal door providing access to the integral garage. Found to the first floor lie 4 well-proportioned bedrooms (one of which is en suite) and a communal bathroom. To the second floor are two further sizeable double bedrooms benefitting from a Jack and Jill ensuite shower room. The home has gas central heating, a recently installed new gas boiler and UPVC double glazing throughout.
To the exterior lies a paved driveway and a private fenced rear garden complete with a stone patio area.
Occupying a sought-after position within a quiet and quaint cul-de-sac, this impressive property offers superb access to Durham City Centre, home to the iconic Castle and Cathedral, both designated World Heritage Sites. Ideally placed for commuters, the A167 is just moments away, providing direct routes to Chester-le-Street, Darlington, and the A1(M) for convenient travel both north and south. Excellent rail links also place major cities such as London, Birmingham, and Edinburgh within easy reach. The location is further enhanced by a wide range of nearby amenities, including popular pubs, restaurants, health and leisure facilities, and university campuses.
The property is to be sold with tenants is situ along with all current furniture, fixtures, fittings and appliances.
This is a fantastic prospect for investors looking to secure strong and consistent returns in a thriving rental market.
Council Tax Band – F
EPC Rating - C
Services - 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 4SG
Fixtures, 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: C. Tenure: Freehold,