Initial price	£750,000
08/04/23	£650,000
21/02/25	£600,000
29/09/25	£575,000
Price Change	-23.33%

This property, located on Elvet Crescent, is a popular student rental with a current annual income of £50,700, inclusive of bills. The property is situated within a minute's walk of the Student Union and has the added benefit of off-street parking. The property itself has five bedrooms, two shower rooms, a lounge/diner, and a kitchen, with a courtyard garden and parking to the rear. The property is well-positioned for access to the city center, with its range of shopping and recreational facilities. The parking spaces are rented to a local business, generating an additional £1,680 per annum. The property is situated in a former mining area and is subject to Article 4 planning restrictions, as well as being within the Durham City conservation area. HMRC requires estate agents to conduct identity checks on customers, including buyers, and a £30 (inc VAT) administration fee will be charged per individual purchaser.