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House For Sale £500,000
Highgate, Durham, Durham, DH1 4GA


Description

Pattinsons Estate Agents are proud to welcome to the market this impressive recently constructed three-storey 5/6 bedroom townhouse located just a few minutes walk from Framwell Waterside and Durham town centre. The property has been let as an HMO and carries all the relevant licenses and is already let for the next academic year providing a superb and truly hands off investment of £43,000 per annum which is a gross yield of 8%.

The accommodation briefly comprises of the following accommodation:- To the first floor- entrance hallway; utility room, cloakroom WC and 2 bedrooms one of which has an en-suite shower room. To the first floor:-eat-in kitchen; large lounge and office/bedroom 6. To the top floor 3 bedrooms one of which has an en-suite shower room, and a separate bathroom. Externally there is a garden to the rear and a double garage.

Durham Cathedral and Castle sit on top of a rocky outcrop, the very reason for Durham’s construction on this site. Durham Cathedral is one of only 33 UNESCO World Heritage Sites in the UK. Dating back to 1093 it was built to house the remains of St Cuthbert and developed into a thriving monastery and fortress for the infamous Prince Bishops'. Brimming with history, Durham is packed with narrow medieval streets and some lovely independent shops offering everything from bespoke jewelry to designer fashion.

Durham University is Ranked 7th in the Guardian University Guide 2024 and is consistently placed among the top 10 universities in the UK according to three prestigious league tables: the Complete University Guide, the Times and Sunday Times Good University Guide, and now the Guardian University Guide.

Durham city centre is only two miles from the A1(M). There are several express coach services daily from most major cities. Durham is well served by both regional express services and the local bus network. From the city bus station - a short walk from the railway station - a bus service runs every 15 minutes past the Colleges on South Road.

An early viewing is recommended to appreciate the quality of accommodation on offer.


Council Tax Band: F
Tenure: Leasehold
Length Of Lease: 976
Annual Ground Rent Amount: £150.00
Ground Rent Review Period: .
Annual Service Charge Amount: £300.00
Service Charge Review Period: .

Follow the link for more information:
        
onthemarket.com

  
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