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£500,000

Malvern Villas, Durham, County Durham, DH1

  • 5 beds
Terraced house

£500,000

  • 5 beds
Terraced house
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Estimate monthly mortgage payment:

£2,283 per month

Minimum deposit amount:

£25,000
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Spacious Five-Bedroom Student Investment Property. We are thrilled to present this generously proportioned five-bedroom student investment property, currently tenanted until the end of July 2026. The property features four double bedrooms, each with en-suite shower rooms and WCs, along with a fifth double bedroom that benefits from its own separate shower room. Key Investment Highlights: Annual Gross Rent: Approximately �46,000 (including utilities) until June 2025. Future Tenancy Secured: Let agreed for the 2025/26 academic year. Fully Furnished Sale: The property is sold with all furniture, fixtures, and fittings included. Modern Efficiency Features: Benefits from UPVC windows, a modern gas central heating system, and solar panels, significantly reducing energy costs. HMO Licence: Licensed for five bedrooms. Development Potential: Opportunity to expand into the attic space (subject to obtaining the necessary consents and permissions). Property Layout: Ground Floor: Entrance porch and hallway, two double en-suite bedrooms, and a lounge with open-plan access to a contemporary refitted kitchen featuring built-in appliances. First Floor: Landing leading to three additional double bedrooms, two with en-suite shower rooms, and a separate shower room for the fifth bedroom. The property has been meticulously maintained, with recent updates to the electrics, heating system, d�cor, and flooring, creating a stylish, modern, and comfortable living environment for tenants. This property represents a fantastic investment opportunity, combining high rental income, long-term tenancy agreements, and future development potential. Solar Panels fitted, Current HMO Licence, Let for Academic year 2025/26 at �175 per room per week.

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£2,283 per month
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£3,750
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£999
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