Investment Opportunity - Five-Bed Student HMO, Renny Street, Gilesgate, Durham

Generating £35,457 per annum for 2025/26 and £36,500 per annum for 2026/27

This well-presented five-bedroom student HMO offers an excellent opportunity to acquire a high-performing investment property in the popular student area of Gilesgate, Durham. Located on Renny Street, the property benefits from close proximity to Durham University campuses and the city centre, ensuring consistently strong demand from the student market.

The accommodation comprises five well-proportioned, fully furnished bedrooms, complemented by a communal kitchen and comfortable shared living space designed to meet modern student expectations. The layout creates a practical and sociable environment, supporting high occupancy levels and reliable year-on-year re-lets.

The property is currently generating £35,457 per annum for the 2025/26 academic year and £36,500 per annum for 2026/27, demonstrating secured income and continued rental growth. This provides investors with clear visibility of returns and strengthening performance moving forward.

Situated within a well-established and consistently popular student location, the property benefits from Durham's strong academic reputation and resilient rental market fundamentals.

A turnkey student investment delivering robust income with confirmed uplift already secured for the following academic year.

For further information or to arrange a viewing, please contact YieldMe.

A buyer's fee of 2% + VAT applies to all successful purchases.

Money Laundering - To comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 any successful purchaser/purchasers will be asked to provide proof of identity and we will therefore need to take copies of a passport/photo driving licence and a recent utility bill (not more than three months old). We will need this information before Solicitors are instructed.