POTENTIAL YIELD OF 9.7%
This is your chance to secure a high-yield investment in one of Durham’s most desirable developments. With a tenant in place until September 2025 and due to go back on the rental market soon, this property offers peace of mind from day one.
Nestled on a popular development on the outskirts of Durham City, this stylish two-bedroom apartment is ideal for investors and professionals alike. The location offers convenience, with direct access to the A1(M) for north and southbound travel and is just a short drive or walk into the heart of Durham.
Step inside and you’re greeted by a welcoming entrance hallway that flows into a well-presented lounge/dining area. The room is bright and airy, finished with a feature electric fire. The adjoining kitchen is fully fitted, featuring sleek units, a gas hob, electric oven, extractor hood, and fridge freezer. The main bedroom is a generous double, complete with its own en-suite bathroom featuring a shower. A second double bedroom offers flexibility for guests, family, or tenants, and a separate main bathroom.
The property benefits from gas central heating via radiators and UPVC double glazing throughout, ensuring year-round comfort and energy efficiency. A security entry system provides added peace of mind, and an allocated parking space is included for maximum convenience.
Durham City Centre, the train station, and County Hall are all within walking distance, while the vibrant neighbourhood of Framwellgate Moor is just five minutes. For even more shopping options, the Arnison Centre Retail Park is only a short five-minute drive away. With easy access to the A167 and A691, this property is also perfectly placed for commuting, making it especially appealing to professionals working at the university, hospital, or in the city centre.
Whether you're looking to expand your investment portfolio or secure a property in a sought-after location with an income (£1,250 pcm), this flat is not to be missed.