Investment - Currently Tenanted Until End of July 2026 ?1400pcm (excluding bills) ** Over 7.5% Yield and Growth Potential ** Possible Vacant Possession from End of July ** To Be Sold Furnished ** City Centre Location ** Well Presented & Maintained ** Communal Garden ** Must Be Viewed **Located within Durham s esteemed World Heritage site, this characterful property enjoys a prime central position with easy access to the city s rich amenities and the East Coast mainline railway station. Once part of the historic St Godric s School, the home has been thoughtfully converted to retain its original charm, showcasing high ceilings and Heritage-style double-glazed windows. The ground floor features a welcoming entrance, comfortable lounge that flows into a well-appointed kitchen with parquet flooring and designated spaces for fridge freezer, washer dryer and dryer. An attractive white bathroom is also located on this level, complete with over bath shower, WC, and wash hand basin. Upstairs on the mezzanine level, there are two spacious double bedrooms and the boiler housing. Residents also benefit from access to a shared communal garden, offering a peaceful outdoor retreat in the heart of the city.GROUND FLOOREntranceLounge6.32m x 2.95m (20'9 x 9'8)Kitchen Dining Area4.01m x 3.23m (13'2 x 10'7)Bathroom/WC2.36m x 2.31m (7'9 x 7'7)FIRST FLOORBedroom2.84m x 2.41m (9'4 x 7'11)Bedroom3.96m x 3.33m (13'0 x 10'11)Agent NotesElectricity Supply: MainsWater Supply: MainsSewerage: MainsHeating: Gas Central HeatingBroadband: Basic 17 Mbps, Superfast 80 MbpsMobile Signal/Coverage: Good/AverageTenure: Leasehold 999 Years from 2000. Approx. 974 remaining.Council Tax: Durham County Council, Band D - Approx. ?2,551 p.aEnergy Rating: CDisclaimer: The preceding details have been sourced from the seller and OnTheMarket.com. Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities. Robinsons cannot accept liability for any information provided.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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