Presented by : Dowen Durham : To View, Telephone 0191 3757599

OIRO £330,000 NEW STREET, DURHAM, COUNTY DURHAM, DH1 DH1 4DH Available

3 Bedroom Terraced

This exceptional investment opportunity is perfect for investors seeking a high-yield property in the heart of Durham. The property, currently let for £27,000 per annum excluding bills, offers an impressive yield of 8%. According to the Vendors, they have secured bookings from 1st July 2024 until June 2025.and have secured bookings for 2025-2026 let for £28,000 per annum excluding bills.The property is ideally located in the vibrant Viaduct area of Durham City and provides spacious accommodation across two floors.The layout includes a ground-floor bedroom accessible from the hallway, lounge/diner and kitchen at the rear. On the first floor, there are two further bedrooms and a bathroom.The property, of freehold tenure, located in the Viaduct and is just a short walk from the city's amenities, bus station, and East Coast mainline railway station, offering tenants convenient access to travel.This three-bedroom property is a prime investment in one of Durham's most sought-after locations.

WE CANNOT VERIFY THE CONDITIONS OF ANY SERVICES, FIXTURES, FITTINGS ETC AS NONE WERE CHECKED. ALL MEASUREMENTS APPROXIMATE. YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP THE REPAYMENTS ON ANY MORTGAGE OR LOAN SECURED ON IT. These are draft particulars awaiting vendors approval. They are relased on the understanding that the information contained may not be accurate.