Durham Portfolio, Durham, DH1 1EG
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
2
- SIZE
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Key features
- Investment Opportunity
- Portfolio Of 5 Durham Apartments
- All Located Within DH1
- Annual Rental Income Circa £46,000 PA
- Over 9% Gross Yield
- Ideal For Students & Professionals
- High Demand Rental Locations
Description
Overview
This is an exceptional opportunity to acquire a portfolio of five high-yield rental apartments, ideally located in the sought-after DH1 postcode area of Durham. Situated across two prime locations—Victoria Court in Framwell Gate and Pickering Place in Carville—these properties benefit from their proximity to Durham city centre and the prestigious Durham University.
Currently generating approximately £46,000 in annual rental income, this portfolio offers a 9% yield, making it a fantastic investment opportunity for landlords and investors alike.
Fully Tenanted: All five apartments boast a 100% occupancy rate with historical data to verify sustained rental demand.
Prime Locations: Centrally positioned within a thriving area, ideal for professionals and students alike.
Situated in a highly desirable residential areas with excellent access to amenities and transport links.
Proximity to Durham University: A major driver of rental demand, ensuring consistent interest from students and professionals.
High Yield Potential: Current rental income delivers an impressive 9% yield.
Ideal Tenant Demographics: Perfect for professionals and students due to modern layouts, convenient locations, and access to local amenities.
Strong Rental History: High demand and proven rental income stability.
Close to City Centre Amenities: Walking distance to shops, restaurants, transport links, and local businesses.
Annual Rental Income: £46,000.
Yield: Over 9% based on current rental figures.
Why Invest in Durham?
- Home to the prestigious Durham University, a Redbrick institution that attracts students from across the globe.
- Thriving local economy with strong professional and student housing demand.
- Historic city centre with excellent transport links, including train and bus connections.
- Continued growth in property values and rental yields within the DH1 postcode.
Investment Opportunity
This portfolio provides an excellent balance of stability and potential growth. Whether you are looking to expand your rental portfolio or make your first large-scale property investment, these apartments represent a secure and profitable choice.
For further details or to arrange a viewing, please contact us today.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Durham Portfolio, Durham, DH1 1EG
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About Lester & Bingley, Mansfield
Unit 2A, Sherwood Oaks Close, Sherwood Oaks Business Park, Mansfield, NG18 4TB
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