Elvet Crescent, Durham City, DH1

Positioned in a prime central location just a short walk from the university union, this fully let six-bedroom student property presents an excellent investment opportunity, currently generating a monthly income of £5,330 inclusive of bills.

The accommodation briefly comprises an entrance hallway, a ground floor shower room fitted with a low level WC, wash hand basin and shower cubicle, and a spacious open-plan lounge, dining and kitchen area. The kitchen has been refitted with a modern range of wall and base units, an electric hob with extractor above, separate double oven below, integrated dishwasher, plumbing and space for a washing machine and tumble dryer, space for a freestanding fridge freezer, and access to the rear garden. There are two bedrooms on the ground floor, with four further bedrooms to the first floor, along with a second shower room. The front first floor bedrooms enjoy views towards the cathedral, while outside the property benefits from a private rear garden.

Combining a sought-after location, strong rental return and well-planned accommodation, this substantial student property is an ideal addition to any investment portfolio. Early viewing is highly recommended.

Elvet Crescent is well positioned for access to the immediate City Centre with its comprehensive range of shopping and recreational facilities and amenities.

MATERIAL INFORMATION:

In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance

PART A
Local Authority – Durham County Council
Council Tax Band – C (currently exempt as it is a student let)
Tenure – Freehold

PART B
Property Type – Terraced
Property Construction – Standard
Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls
Gas Supply- Mains
Electricity supply – Mains
Water Supply – Mains (not metered)
Sewerage – Mains
Heating – Gas fired central heating via radiators
Estimated Mobile phone coverage – Please refer to the Ofcom Website -
Estimated Broadband Download speeds – please refer to the Ofcom Website –
Parking- on street parking via residents permit

PART C
Building Safety – (The Vendor is not aware of any Building Safety issues. However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm)
Restrictions – Covenants which affect the property are contained within the Land Registry Title Register which is available for inspection.
Selective licencing area – no
Article 4 Planning Restricted area – the property is subject to Article 4 Direction
Conservation Area – The property is in Durham City Conservation Area
Rights & Easements- None
Flood risk – Rivers and seas: very low Surface water: very low
Coastal Erosion – N/A
Protected Trees - NA
Planning Permission – There are no current planning applications in the locality that we are aware of. Or planning details that are known
Accessibility/Adaptations – The property has not been altered for accessibility
Mining Area – Coal Mining Reporting Area, further searches may be required.

No other Material Information disclosures have been made by the vendor. This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing. However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed. If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.

HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, this includes buyers when their offer is accepted. This must be completed, per purchaser, who in the transaction will result in being the legal owner(s) of the property. There is a £30 (inc VAT) administration fee per individual purchaser, for these checks.