Church Street, Durham

PRIME FREEHOLD RESIDENTIAL DURHAM CITY INVESTMENT OPPORTUNITY

FREEHOLD AND TWO VACANT APARTMENTS

Bradley Hall is delighted to offer for sale this freehold investment opportunity to acquire a block of six apartments. Four of which have been sold off on 125-year leases with two are vacant and included within the sale. Superb prime location in what is locally known as ‘the golden triangle’ for student lettings, in the heart of this historic city.

Apartments 10A is a two bedroom apartment & D is a one-bedroom apartment one of which being on the ground floor and the other on the first floor. Both properties offer a fantastic opportunity as investments or refurbished sales. This building is Grade II Listed

Lease Details –

10A – Vacant and part of the freehold

10B – 125 year lease from 4 June 2021

10C – 125 year lease from 19 April 2013.

10D – Vacant and part of the freehold.

10E – 125 year lease from 20 March 2015

10F – 125 year lease from 18 June 2010

Ground Rent – £10 per annum

Service Charge – £278 per annum (23/24)

LOCATION

Church Street has long been regarded as one of the best residential addresses in Durham City. The Georgian Street boasts some of the most exquisite looking houses in the heart of the city and arguably one of the best views available of the Castle and Cathedral complex as they face directly onto the famous rose window. The central location also allows easy access into the city with it’s vibrant mix of shops, bars and restaurants as well as being within walking distance of the nearby central station for east coast main line routes around the country. The well-regarded Durham School and Choristers is also on the doorstep, a pleasant short walk away over Prebends bridge and the cobble street surrounding the cathedral.

SERVICES

Mains electricity, gas and water

TENURE

Freehold