Property description

Elvet Estates are delighted to bring a second six bed student investment property located in the Claypath area of Durham.The property comprises, on the ground floor two double bedrooms, an open plan living room and dining room, kitchen and integral garage. Whilst on the first floor, four bedrooms and two large bathrooms. Externally there is a small yard area (large enough for a BBQ) to the rear and a driveway at the front of the property.Located in the The Sands, Claypath; the property is popular with students year in year out in the mixed local and student resident street. The desirable location ensures student tenants are within a twenty minute walk from the Bill Bryson Library, as well as a short walk from the city centre.Currently managed by award winning student-letting agency, Bill Free Homes, this property achieves an annual gross rent of £26,208.00 that offers an investor a yield of 6.99%. The property is let until June 2016 and is offered to potential purchasers fully furnished, ensuring a ready-made student investment.

Property Features :

• Student Investment - £26,208. p.a.
• Claypath Location
• Six Double Bedrooms
• Managed by Bill Free Homes
• Integral Garage