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, within walking distance to Durham City and its amenities. 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 has a long lease of 250 years, until 2263, and is Grade II listed due to its original staircase and internal wall. The property is let for the 2025/2026 academic year, generating £28,080 per annum, with a service charge of approximately £750 per annum and ground rent of £400 per annum. The property is located close to local amenities, transport links, and the city centre, making it an excellent choice for students and commuters alike. With its good future growth potential, this property is an attractive investment opportunity.