£200,000
Hilda Close, Durham, DH1
- 4 beds
£200,000
- 4 beds
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Investment Opportunity: Stunning 4-Bedroom Student House in Gilesgate, Durham
Price: Offers above �200,000
Presenting a prime investment opportunity in the sought-after student area of Gilesgate, Durham. This 4-bedroom house is currently under refurbishment, with completion expected by September/October.
Investment Highlights:
- 4 Spacious Bedrooms: Designed to provide comfortable study and relaxation spaces, ensuring high occupancy rates.
- 2 Modern Bathrooms: Each equipped with freestanding showers, offering a luxurious experience.
- Contemporary Kitchen: Outfitted with modern appliances, including a dishwasher and washer dryer, catering to the student market's needs.
- Prime Location: Located in a highly popular student area of Durham, with a bus route providing direct access to the city centre and Durham University, making it highly attractive to students.
- Convenient Amenities: Close to a large supermarket, retail shops, and popular takeaways, enhancing tenant satisfaction and retention.
- Parking Available: Ample parking space, a valuable feature for students with cars.
- Approved HMO Planning Permission: Situated in an Article 4 area, ensuring a compliant and profitable investment.
- Fully Furnished: The property is sold fully furnished, including fixtures and fittings, white goods, TV, mattresses, lamps, and kitchen goods. Contact us for a full list.
- Pre-Let for 12 Months: The property has students signed up for 12 months from July 2025 to July 2026, generating an income of �23,920 per annum.
With a strong demand for student housing in Durham, this property promises excellent rental returns and minimal vacancy. The ongoing refurbishment and modern amenities position it as a top choice for students, ensuring steady and attractive rental income. Don�t miss out on this lucrative investment opportunity in Durham's thriving student market.
With its strategic location, upcoming refurbishment, and student-friendly design, it�s the perfect addition to any investor's portfolio.
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