2 Bedroom Flat For Sale   |   Durham Portfolio, Durham, DH1 1EG   |   Offers in Region of £495,000

Summary

Portfolio of Five Apartments for Sale – DH1 Postcode, Durham

Overview

This is an exceptional opportunity to acquire a portfolio of five high-yield rental apartments, ideally located in the sought-after DH1 postcode area of Durham. Situated across two prime locations—Victoria Court in Framwell Gate and Pickering Place in Carville—these properties benefit from their proximity to Durham city centre and the prestigious Durham University.

Currently generating approximately £46,000 in annual rental income, this portfolio offers a 9% yield, making it a fantastic investment opportunity for landlords and investors alike.

Fully Tenanted: All five apartments boast a 100% occupancy rate with historical data to verify sustained rental demand.

Prime Locations: Centrally positioned within a thriving area, ideal for professionals and students alike.

Situated in a highly desirable residential areas with excellent access to amenities and transport links.

Proximity to Durham University: A major driver of rental demand, ensuring consistent interest from students and professionals.

High Yield Potential: Current rental income delivers an impressive 9% yield.

Ideal Tenant Demographics: Perfect for professionals and students due to modern layouts, convenient locations, and access to local amenities.

Strong Rental History: High demand and proven rental income stability.

Close to City Centre Amenities: Walking distance to shops, restaurants, transport links, and local businesses.

Annual Rental Income: £46,000.
Yield: Over 9% based on current rental figures.

Why Invest in Durham?

- Home to the prestigious Durham University, a Redbrick institution that attracts students from across the globe.
- Thriving local economy with strong professional and student housing demand.
- Historic city centre with excellent transport links, including train and bus connections.
- Continued growth in property values and rental yields within the DH1 postcode.

Investment Opportunity

This portfolio provides an excellent balance of stability and potential growth. Whether you are looking to expand your rental portfolio or make your first large-scale property investment, these apartments represent a secure and profitable choice.

For further details or to arrange a viewing, please contact us today.

Additional Information

For further information on this property please call 01157342000 or e-mail enquiries@lester-bingley.co.uk