Prospect Terrace, Durham, DH1
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
2
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Four-bedroom HMO investment property
- Generating £28,000 annual rental income, inclusive of bills
- Two shower rooms
- Communal sitting and dining room
- Fitted kitchen with integrated cooking facilities
- Accommodation arranged over two floors
Description
The property is arranged over two floors and offers approximately 75.5 sq. metres (813 sq. ft.) of accommodation, comprising four bedrooms, a communal sitting/dining room, a fitted kitchen and two shower rooms.
The ground floor features a spacious communal sitting room, providing a comfortable area for tenants to relax and socialise, alongside a fitted galley-style kitchen with a range of wall and base units, worktop space and integrated cooking facilities. There is also a ground-floor bedroom and a shower room.
To the first floor are three further bedrooms, together with an additional shower room, providing practical accommodation for multiple occupants.
Externally, the property benefits from a front garden with a pathway leading to the entrance, together with an enclosed rear outdoor area.
The property offers an established HMO-style layout, with well-proportioned bedrooms and shared facilities, making it suitable for continued use as a rental investment, subject to the relevant licensing and regulatory requirements.
With a gross annual rental income of £28,000 including bills, the property represents an appealing opportunity for investors looking to expand their portfolio within the Durham rental market.
Location Description
Prospect Terrace is situated within an established residential area of Durham, offering convenient access to the historic city centre, Durham University and a wide range of local amenities.
Durham is a highly regarded university city, renowned for its historic cathedral, castle and vibrant student community. The presence of Durham University, alongside the city's wider employment and professional sectors, supports demand for rental accommodation from students, graduates and working professionals.
The property is conveniently positioned for access to everyday amenities, including local shops, supermarkets, cafés, restaurants and leisure facilities. Durham city centre offers an extensive selection of retail outlets, entertainment venues and transport connections.
Durham Railway Station provides mainline rail services, including connections to Newcastle, York and London, while the nearby A690 and A1(M) offer convenient road links throughout the North East and beyond.
The combination of its established residential setting, accessibility to Durham's key amenities and proximity to the university makes Prospect Terrace an appealing location for tenants and property investors alike.
- 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.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Affordability
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference DRH260228. 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, 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.