Property description

Elvet Estates are delighted to bring this four bed student investment property located in the Neville's Cross area of Durham.The property comprises, on the ground floor one double bedrooms, living room with dining facilities and a kitchen. Whilst on the first floor, three bedrooms and a large bathroom with separate shower and bath. Externally there is a patio area to the rear and communal street parking at the front of the property.Located in Neville's Cross; the property is popular with students year in year out in the mixed local and student resident street. The location ensures student tenants are within a twenty-minute walk and even shorter cycle from the Bill Bryson Library, as well as a short walk from the city centre via Crossgate. The new Sainsbury's Local has added a great feature to the Neville's Cross area for students over past twelve months.Currently managed by award winning student-letting agency, Bill Free Homes, this property achieves an annual gross rent of £16,848.00 that offers an investor a yield of 7.49%. The property is let until June 2016 and is offered to potential purchasers fully furnished, ensuring a ready-made student investment.Viewings can be arranged by calling Elvet Estates on 0191 375 7000.

Property Features :

• Student Investment - £16,848 p.a.
• Neville´s Cross Location
• Ideal for Durham University Students
• Fully Let Until June 2016
• Managed by Bill Free Homes