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OIRO £575,000Substantial 6-Bedroom Student Investment Property – Gilesgate, Durham City
Located within easy walking distance of Durham's historic city centre and world-renowned university, this impressive student property offers a rare opportunity to acquire a high-yielding investment in one of the North East's most desirable rental locations.
Currently let to six students, the property is thoughtfully laid out to maximise comfort and functionality. The spacious floor plan includes:
Six generously sized bedrooms
Two modern, well-equipped bathrooms
A high-quality open-plan lounge/dining kitchen, featuring a skylight and French doors that open onto a private garden area—perfect for socialising and relaxing
Ample storage space and a dedicated utility room
The property has been maintained to a high standard and is ideally suited for continued student letting, offering an excellent rental yield and strong demand year-round.
Location Highlights:
Situated in Gilesgate, a popular area for students due to its proximity to Durham University and the city centre
Excellent transport links, including nearby bus routes and easy access to the A690 and A1(M)
Close to local amenities, supermarkets, cafes, and green spaces
Just a short walk to Durham's historic landmarks, shops, and vibrant nightlife
This is a fantastic opportunity for investors seeking a turnkey property in a prime location with proven rental performance.
3b Old Elvet,
Durham
DH1 3HL