4 Bedroom house

Currently let to four students, we are pleased to offer to the market this excellent investment opportunity, situated within a sought-after location.

The property is currently achieving a rental income of £2,860 per month, with each student paying £715 per month. Retaining many of its period features, the property offers a spacious and versatile layout, with the unusual benefit of one bedroom positioned on each floor.
The accommodation comprises an entrance hallway, an open-plan living kitchen fitted with appliances, a rear lobby with access to the rear garden, and a bedroom on the ground floor. To the basement level, there is a further bedroom with window and additional ventilation.
To the first floor, there is an impressive L-shaped bedroom with bay window, together with a large bathroom. The second floor provides an additional bedroom and cloakroom.
Externally, the property benefits from a garden to the rear. All in all, this is an ideal investment opportunity and must be viewed to fully appreciate the accommodation, rental potential, and everything it has to offer.

Hallgarth Street is situated within walking distance of the City Centre with its comprehensive range of shopping and recreational facilities and amenities and also lies within walking distance of many of the University and College buildings. Durham City is also well placed for commuting purposes as it lies a short drive from the A1(M) Motorway which provides excellent road links to other regional centres.

MATERIAL INFORMATION:
The information below is provided in accordance with the consumer protection requirements of the Digital Markets, Competition and Consumers Act 2024 and is intended to highlight matters which may be material to a prospective purchaser when deciding whether to view, offer on or proceed with this property.

PART A
Local Authority – Durham County Council
Council Tax Band – E
Tenure – Freehold

PART B
Property Type – Terraced
Property Construction – Standard
Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls
Gas Supply- Mains
Electricity supply – Mains
Water Supply – Mains (not metered)
Sewerage – Mains
Heating – Gas fired central heating via radiators
Estimated Mobile phone coverage – Please refer to the Ofcom Website - https://checker.ofcom.org.uk/en-gb/mobile-coverage
Estimated Broadband Download speeds – please refer to the Ofcom Website – https://checker.ofcom.org.uk/en-gb/broadband-coverage
Parking- on street via permits

PART C
Building Safety – (The Vendor is not aware of any Building Safety issues. However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm)
Restrictions – Covenants which affect the property are contained within the Land Registry Title Register which is available for inspection.
Selective licencing area – no
Article 4 Planning Restricted area – the property is subject to Article 4 Direction
Conservation Area – The property is in Durham City Conservation Area
Rights & Easements- None
Flood risk – Rivers and seas: very low Surface water: very low
Coastal Erosion – N/A
Protected Trees - NA
Planning Permission – There are no current planning applications in the locality that we are aware of. Or planning details that are known
Accessibility/Adaptations – The property has not been altered for accessibility
Mining Area – Coal Mining Reporting Area, further searches may be required.
The property will be sold furnished as it is an ongoing rental property

The information has been obtained from the seller and, where appropriate, from publicly available or other relevant sources, and has been compiled in good faith. Information supplied by third parties or external sources may be subject to change.
J W Wood is not qualified to provide legal, surveying, structural or other specialist advice. Where any information requires legal or technical interpretation, or where any matter is of particular importance to your decision to purchase, you should seek appropriate verification from your conveyancer, surveyor or other suitably qualified professional before committing to significant expenditure.

Buyer Identity & AML Checks
Estate agents are subject to legal obligations under anti-money laundering legislation and, where applicable, are supervised by HM Revenue & Customs (HMRC) for compliance with those requirements. A £35 including VAT fee per purchaser applies for these checks.