Bradley Hall is delighted to bring to the market this five-bedroom HMO, already rented for the academic year 2025/26, generating a rental income of £36,140( £139 pppm) (bills excluded). This property has been maintained to a high standard and is located in the popular and convenient residential area of Gilesgate, making it an excellent investment opportunity.
The property offers a practical and spacious layout, starting with a driveway providing off-street parking. Inside, a welcoming entrance hallway leads to a modern WC, a bright and airy living room, and a well-equipped kitchen. The ground floor also features two generously sized double bedrooms.
Upstairs, you’ll find three additional bedrooms, all well-proportioned, along with a main bathroom comprising a bath with an overhead shower, a washbasin, and a WC.
Externally, the property boasts a rear garden laid to lawn, providing a low-maintenance outdoor space for tenants to enjoy. Location – Situated in the heart of Durham City, this property is perfectly situated on the peaceful and sought-after St Giles Close. Just a short stroll away from the vibrant city centre, the location offers a unique blend of tranquillity and convenience. Residents can enjoy easy access to Durham's historic landmarks, including the iconic Durham Cathedral and Castle, both UNESCO World Heritage Sites. The property is ideally placed for excellent local amenities, with an array of boutique shops, cafes, and restaurants just minutes away. For families, the area is within reach of reputable schools and green spaces like Wharton Park and Gilesgate Green, perfect for leisure and relaxation. Commuters will appreciate the proximity to Durham Train Station and the A690, providing swift connections to Newcastle, Sunderland, and beyond.
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