Initial price	£495,000
12/11/24	£475,000
Price Change	-4.04%

This modern four-bedroom property in Durham City Centre is being sold via an online unconditional auction on January 9th, 2025, with a guide price of £475,000. The property has been fully renovated and is ready to be let as a HMO, with the potential to generate up to £40,000 per year in rental income. The property is situated in a highly populated student area, within minutes of Durham University, the Cathedral, and the city's shops, bars, and restaurants. The property features a spacious living room, a modern kitchen-diner, and four bedrooms, including a large master bedroom with an en-suite bathroom. The property also has a fully paved rear garden, which is a rare feature in this city centre location. The property is being sold with a non-refundable administration fee of £3,000 and a 10% deposit payment required from the successful buyer. Viewings are strictly by appointment and highly advised.