8 bedroom property for sale

Marshall Terrace, Gilesgate

Sold STC £350,000

Property Description

Key features

  • Student Investment Opportunity
  • Eight Single Bedsits
  • Each Bedsit Comprises of Main Living/Sleeping Space with Kitchen and Ensuite Shower Room
  • Within Walking Distance to Durham City Centre
  • Currently Let
  • Energy Rating E

Full description

The clients have converted this historic family home into a profitable student investment property. The property currently consists of 8 single bedrooms which all have the benefit of an open plan room for bedroom, living and kitchen facilities together with an ensuite shower room.

The property is currently let and achieving a rental income of £34,000 per annum and have tenants currently in place until September 2016. The client has also secured tenants for the next academic year achieving a rental income of £38,000.

Externally there is a shared parking to the rear of the property accessed via double gates from the main road. There are 4 parking spaces available. Also there is great scope for development at the rear of the property and plans have been drawn up, these can be seen upon request.

The location of the property is second to none and proves very popular to students due to its close proximity to Durham University. The property is also within walking distance to the city centre itself and also benefits from local shopping facilities in close proximity.

Gilesgate is a popular village just a few minutes walking distance of the market place, city shops, recreational facilities and amenities. For commuting purposes the property is well placed for access to the A(690) Highway, the A1(M) Motorway and A(19) Highway providing excellent road links to other parts of the region. Also the main line railway station is within walking distance. 


Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
07 December 2015

Nearest station

  • Durham (1.5 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Bradley Hall Chartered Surveyors, Durham

26-27 New Elvet, Durham, DH1 3AL

0191 687 0399 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Bradley Hall Chartered Surveyors, Durham

26-27 New Elvet, Durham, DH1 3AL

0191 687 0399 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Durham (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bradley Hall Chartered Surveyors, Durham

26-27 New Elvet, Durham, DH1 3AL

0191 687 0399 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 5748. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bradley Hall Chartered Surveyors, Durham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.