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SOLD STC

Magdalene Heights, Durham, County Durham, DH1

Offers in Region of
£995,000
Added on 13/07/2021
Nicholas Humphreys, Durham
PROPERTY TYPE

Detached

BEDROOMS

×13

Key features

  • Unique Opportunity
  • Sought After Location with Cathedral Views
  • Large Well Stocked Garden
  • Large Terrace and Outside Seating/Dining Area
  • Rental Income of £61,000 with Potential to Increase

Property description

Unique investment opportunity! Rarely available in a prime location in Durham City Centre, Nicholas Humphreys is proud to bring to the market this stunning city centre development with tonnes of potential, in a well-established residential location.

Boasting approximately one acre of land, Magdalene Height is located just outside of the city centre at the top of Claypath. The Property enjoys views of the city including a distant via of Durham Cathedral and is within 5 minutes walk of the city centre Market Square.

Currently, this property is occupied by the owner in part comprising of a 3 bedroom property and partly rented out as a student investment property comprising of two four bedroom flats and one two bedroom flat in the southern wing.

On behalf of the owners we are currently exploring planning avenues with a view to converting the residential side to a student HMO - please contact us for further information and we will be happy to update any interested parties.

Current student tenancies are signed up until 30th June 2022 on joint AST's. A 4 bed ground floor flat, a 4 bed 1st floor flat and a ground floor 2 bed flat. Gross annual rental income is in the region of £61,000+ per annum from the 3 combines properties.

Entrance Hall
Entrance Hall to the main house, carpet to floor.

Living Room
Large carpeted living room leading through to conservatory, accessed by glass doors. Mantle piece and feature fire.

Conservatory
Conservatory overlooking the views of Durham city, leading onto the outdoor veranda. Lovely elevated position looking out onto well-established gardens.

Kitchen/Breakfast area
Spacious open plan kitchen with breakfast area. Ample fridge space and cupboard storage space, central oven and hob located on peninsular separating kitchen from dining area. Feature extractor fan above central peninsular.

Dining Room
Spacious separate dining room with double doors leading outside.

W/C
Downstairs W/C

Master Bedroom Suite
Large master bedroom suite with views looking out over Durham city and benefiting from an en-suite bathroom and adjoining dressing room. Fitted wardrobes throughout.

Master Bedroom En-suite
Spacious master bedroom en-suite with bath, WC and hand basin. Tiled walls and carpeted flooring.

Family Bathroom
Family Bathroom from hallway comprising of shower cubicle, WC and hand basin.

Bedroom Two
Second Bedroom leading off hallway, ample fitted storage and carpeted flooring.

Bedroom Three
Third Bedroom leading off hallway, bright and spacious with carpeted flooring.

Study
Office/study room

External
Well-established gardens, double garage with ample off street parking, patio area.

Garage
Large double garage with space for 2 cars.


Annexe 1 (student flat - 4 bed) Please enquire for photography/video tour of this property
Ground floor four bedroom student flat comprising of:
Four double bedrooms, one of which is en-suite. Modern fully fitted kitchen comes with a washing machine, fridge freezer and an oven/hob. Living/dining area. Three bathrooms/shower rooms in total. Two court yards, access to the driveway at the front of the property with plenty of off street parking and one large patio area to the rear of the property.

Annexe 2 (student flat - 4 bed) Please enquire for photography/video tour of this property
First floor four bedroom student flat comprising of:
Four double bedrooms, one of which is en-suite, all with hand basins in bedrooms. Open plan, fully fitted kitchen comes with a washing machine, fridge freezer and an oven/hob. Living/dining area and a breakfast bar area. Three bathroom/shower rooms in total. Two court yards, access to the driveway at the front of the property with plenty of off street parking and one large patio area to the rear of the property.

The Flat (student flat - 2 bed) Please enquire for photography/video tour of this property

Ground floor 2 bedroom flat comprising of:
Two double bedrooms, living/dining area, modern fully fitted kitchen, shower room, and shared external patio area.

Viewings - Call our office to arrange your viewing.

Services - Mains water, gas and electricity are available to the property but none of these, nor any of the appliances attached thereto, have been tested by Nicholas Humphreys, who gives no warranties as to their condition or working order. Telephone subject to suppliers regulations.

Free Valuations - If you have a property to sell please contact us to arrange your free valuation.

Local Authority - Durham County Council, Durham, County Durham, DH1 4SG

Fixtures, Fittings & Appliances - The mention of any fixtures, fittings and/or appliances does not imply they are in full efficient working order.

Internal Photographs - Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale.

Measurements - Every care has been taken to reflect the true dimensions of this property but they should be treated as approximate and for general guidance only.

Money Laundering - Where an offer is successfully put forward we are obliged by law to ask the prospective purchaser for confirmation of their identity. This will include production of their passport or driving licence and a recent utility bill to prove residence. This evidence will be required prior to solicitors being instructed.

General Note - These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on these Particulars of Sale as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this agent's employment has the authority to make or give any representation or warranty in respect of the property.

Hours Of Business - Our office is open Monday to Friday 9am till 5pm and Saturday, 10am till 4pm.

Energy Performance Certificates

Magdalene Heights, Durham, County Durham, DH1

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Durham Station0.7 miles
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About the agent

Nicholas Humphreys, Durham

Suite 6a Kingfisher House, St. Johns Road, Durham, DH7 8TZ

Why choose Nicholas Humphreys?

We're Accountable

The owners of Nicholas Humphreys are intimately involved in the company on a daily basis and are committed to delivering the results our clients expect. All directors and partners of Nicholas Humphreys are available to speak to you personally to resolve any queries on the services we offer.

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Disclaimer - Property reference P1069. 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 Nicholas Humphreys, 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.

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