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    Guide Price

    £1,750,000

    Farnley Tower, The Avenue

    Hotel/Residential Development Opportunity

    • Bedrooms × 17
    • Bathrooms × 17

    Description

    FarnleyTower is situated on The Avenue, Durham, arguably one of the best private residential addresses in the city. The property is a prominent and unique building located just a short 10 minute walk from Durham City Centre.

    Durham hosts a range of amenities including restarunts, bars, shops, cafes and tourist attractions such as Durham Castle and Durham Cathedral.

    The property is a Victorian mansion, boasting with unique architecture and history. The property comprises 17 en-suite rooms, with views of Durham Castle and Durham Cathedral. FarnleyTower is arranged over four floors. The bar and restaurant, reception area and five bedrooms are located on the ground floor, followed by a further bedroom on the half landing. The further 11 bedrooms are arranged throughout the remaining two floors.

    In line with UK Money Laundering Regulations and HMRC supervision, buyers must complete identity verification using a Government-approved digital verification service. An administrative charge is payable to cover compliance costs, charged at £25 + VAT (£30) for each purchaser. Verification is required following offer acceptance and prior to the property being marked Sold Subject to Contract.

    Location

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    Estimated monthly repayment

    £7,465

    All figures are based on a standard repayment mortgage calculated from the information shown here.

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