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7 bedroom end of terrace house for sale
St. Margarets Garth, Durham, DH1
£770,000
St. Margarets Garth, Durham, DH1
£770,000
Price History
| Initial price | £799,999 |
| 25/11/25 | £770,000 |
| Price Change | -3.75% |
Description
This high-performing investment property in Durham City is a seven-bedroom, three-bathroom HMO with planning and building regulation approval to add an eighth bedroom and additional bathroom. Currently let to seven students on an Assured Shorthold Tenancy until 2027, it generates £65,624 in annual income, exclusive of bills. The property has an existing room in its tower, which could be converted into additional accommodation, similar to several other properties in the street. This provides an investor with potential for yield uplift and future resilience through approved conversion of an additional 424 square feet of usable space. The property is continuously maintained and benefits from fire-break and ventilation shafts between its floors, providing additional safety and sound.