Sharp Crescent, Durham DH1 4 bed semi

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Sharp Crescent, Durham DH1 4 bed semi

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 semi-detached property in Durham offers a lucrative investment opportunity, with a proven track record of generating high rental yields. Over the past 15 years, the property has been let to students, including undergraduates, postgraduates, and PhD students, with no council tax payable. The property's rental yield for the 2024/25 period is an impressive £29,000, with previous years generating yields of £25,000, £27,000, and £29,000. The property features four spacious bedrooms, a lounge, kitchen, dining room, and bathroom, with a large rear garden and off-road parking for three to four cars. With its excellent location and potential for high rental returns, this property is an attractive investment opportunity for anyone looking to generate a strong income from their property.