Initial price	£420,000
15/04/25	£400,000
Price Change	-4.76%

This student investment property is located in the popular village of Gilesgate, just a short walk from Durham City. The property is well-presented and features a spacious layout, with four bedrooms, including a master with en-suite facilities, and a study space. The property benefits from a long lease of 250 years, which has approximately 238 years remaining, and is Grade II listed due to its original staircase and internal walls. The property is let for the 2025/2026 academic year at £28,080 per annum, generating a yield of £135 per person per week. The village offers a range of local amenities, including shops, a pub, and take-away restaurants, as well as good transport links and access to Durham City. The property also benefits from a shared communal garden with the neighboring properties. Early viewing is advised to take advantage of this excellent investment opportunity.