4 Bedroom house

Rented to four students from 1 July and generating a monthly income of £2,062.67, excluding bills, this property represents an excellent investment opportunity.

Recently converted for student accommodation, the property has also benefited from a full set of new furniture installed in May 2026, all of which is included within the sale. Early viewing is highly recommended to fully appreciate everything this home has to offer.

The accommodation briefly comprises an entrance hallway with stairs to the first floor, and an open-plan lounge/dining kitchen fitted with a modern range of wall and base units, an inset stainless steel sink and drainer, space for an electric range cooker with extractor hood above, space for a freestanding fridge freezer, and plumbing for a washing machine. French doors open onto the rear garden. A rear lobby provides further access to the garden, an internal door to the garage, and a ground floor shower room fitted with a low-level WC, wash hand basin, and shower cubicle with mains-fed wall-mounted shower.

The property offers four bedrooms in total, including one to the ground floor, with the remaining three situated on the first floor and accessed via the landing. The first-floor bathroom is fitted with a low-level WC, wash hand basin with storage beneath, and a bath with mains-fed wall-mounted shower above.
Externally, the property benefits from an enclosed rear garden incorporating a patio seating area and a lawned section beyond. To the front, there is off-street parking for several vehicles.

Monks Crescent is conveniently situated within easy reach of a good range of local neighbourhood shops, schools etc, which are available within Gilesgate itself, with more comprehensive shopping and recreational facilities and amenities available within Durham City Centre which is within 2 miles. Gilesgate itself is also well placed for commuting purposes being just off the A(690) Durham to Sunderland Highway which offers access to the A1(M) Motorway Interchange at Carrville and is within a short drive of the A(19) Highway to Teesside.

MATERIAL INFORMATION:

In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance

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

PART B
Property Type – Semi Detached
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- Driveway and garage

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 – N/A
Rights & Easements- None
Flood risk – Rivers and seas: very low Surface water: high
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.

No other Material Information disclosures have been made by the vendor. This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing. However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed. If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.

HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, this includes buyers when their offer is accepted. This must be completed, per purchaser, who in the transaction will result in being the legal owner(s) of the property. There is a £30 (inc VAT) administration fee per individual purchaser, for these checks.