Crossgate Peth, Durham

Bradley Hall is delighted to present to the market this substantial and well-positioned six-bedroom House of Multiple Occupation (HMO), located in the heart of Durham City Centre. Generating an annual rental income of £54,600 per annum (exclusive of bills), the property represents an excellent turnkey investment opportunity within one of the North East’s strongest student rental markets.

The property is accessed via an entrance vestibule which opens into a welcoming reception hall. To the front elevation is a generous bay-fronted bedroom, whilst a well-proportioned ground floor double bedroom is situated to the side of the entrance hall. To the rear, a separate living/dining room leads through to the fitted kitchen, providing ample storage and preparation space. A ground floor shower room and WC complete the accommodation on this level.

The first floor comprises three well-sized bedrooms, a second shower room with WC, and a spacious landing area providing access to all rooms. Occupying the entire second floor is a large fifth bedroom, complemented by a separate study area, creating an attractive and flexible living space for tenants.

Externally, the property benefits from a low-maintenance enclosed rear courtyard together with a useful insulated timber lean-to incorporating a laundry room with washing machine, tumble dryer, sink, heating, lighting and power supply. To the front, there is a small enclosed garden and off-street parking.

The property retains a number of attractive period features including high ceilings, sash-style windows and a bay-fronted reception room, while offering practical accommodation configured specifically for HMO use.

Location:
1 Crossgate Peth occupies a highly sought-after position within Crossgate Peth, one of Durham City’s most established residential locations. Situated just a short walk from Durham city centre, the property enjoys immediate access to an extensive range of amenities including shops, restaurants, cafés, bars and leisure facilities.
The property is particularly well placed for Durham University’s colleges and academic buildings, making it highly attractive to the student rental market. Durham Railway Station is within easy walking distance, providing direct services to Newcastle, York and London King’s Cross, whilst the A1(M) is readily accessible for commuters travelling throughout the region.
Crossgate Peth is renowned for its characterful period properties and convenient proximity to Durham’s historic city centre, including the UNESCO World Heritage Site of Durham Cathedral and Castle. The location continues to experience strong demand from students, academics and professionals alike, supporting excellent long-term investment fundamentals and consistent rental occupancy levels.
Services:
Mains gas, electric and water

Tenure:
Freehold

Council Tax:
E