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4 bedroom semi-detached house for sale
Sharp Crescent, Durham, DH1
£240,000
Sharp Crescent, Durham, DH1
£240,000
Our Summary
- *Investment Opportunity - 4 Bedroom Student Accommodation - Rental Yield 2024/25 = £29,000*
- The property offers an excellent investment opportunity in Durham, having had a popular long-term investment history over the last 15 years for student letting - undergrad/post grad/PhD
- Excellent Investment Opportunity - Successful Student Let for 15 Years
- Garage Conversion - Currently Utilised as a Dining Room but Potential for 5th Bedroom
Description
This 4-bedroom student accommodation in Durham offers a well-presented and versatile property with a long history of successful student letting. The property has generated significant rental yields, with a projected £29,000 in 2024/25, and has been consistently profitable over the past 15 years. The property features a spacious lounge, kitchen, and dining room, as well as four bedrooms and a bathroom. The rear garden is enclosed with wooden fencing and offers a lawned area for relaxation. The property also benefits from no council tax for students and students being responsible for bills. With its excellent investment potential and realistic pricing, early viewing is highly recommended.