Elvet Crescent, Durham, DH1
£650,000

Guide price

Bedrooms: 5
Let for the upcoming academic year 2024/25 and is currently let to 5 students and returning a rental income of £56,160 inclusive of bills (our client has capped the spend at £6,500 to cover the bills).

The property is situated within a minutes walk of the Student Union and has the additional benefit of off street parking.

The property itself has accommodation comprising: entrance hallway, shower room, lounge/diner, kitchen and a bedroom. To the first floor there are four further bedrooms and an additional shower room. Externally there is a courtyard garden to the rear of the property and off street parking to the side on the corner plot.

Elvet Crescent is well positioned for access to the immediate City Centre with its comprehensive range of shopping and recreational facilities and amenities.

Agents Note: The parking places are rented to a local business at £140 per month, returning a total of £1,680 per annum.

Council Tax Band - C

Marketed by 01913 406158

J W Wood - Durham

7 Old Elvet, Durham

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