Bradley Hall is delighted to bring to the market this exceptional eight-bedroom HMO property, Ideally positioned within the prestigious and highly sought-after Highgate development in Durham City Centre. Currently let with a guaranteed rental income of £64,480 per annum, this investment offers a rare opportunity to acquire a high-yielding, fully operational HMO with strong ongoing returns and minimal management. The property has been maintained to a high standard throughout and offers a spacious and well-considered layout across three floors, providing generous private and communal living accommodation.
The ground floor comprises two well-proportioned double bedrooms, a modern shower room, a further utility/shower room, a separate WC, and ample storage, all accessed via a welcoming entrance hallway and inner hall. The first floor boasts a bright and airy living room with a bay window, creating an inviting communal space, along with a fully fitted kitchen and two further bedrooms. On the second floor, the property offers four additional bedrooms, a main bathroom with bath and overhead shower, a separate shower room, and built-in storage, all accessed via a central hallway and landing. Each room is well-sized and designed to offer both comfort and functionality for tenants, making it a popular choice for students and professionals alike.
Situated just moments from Durham Train Station and within walking distance of the university, city centre amenities, and the historic cathedral and castle, the location combines convenience, security, and strong tenant demand. Highgate is a gated development offering peace and privacy in a vibrant urban setting, with easy access to the A690 and A1(M) for commuters. With its established rental income, prime location, and high-quality accommodation, this property represents a superb investment opportunity for those seeking a ready-made addition to their portfolio with guaranteed returns from day one.
For more information or to arrange a viewing, please contact Bradley Hall on[use Contact Agent Button].
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.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Bradley Hall - Durham. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bradley Hall - Durham for full details and further information.