This substantial four-bedroom terraced house, set over three floors, presents a promising opportunity for renovation and enhancement. Located in a sought-after residential area near Durham City Centre, this property offers an investor or developer the chance to create a well-configured home tailored to modern standards or to capitalize on its potential as a buy-to-let or HMO investment (subject to necessary approvals).
The accommodation layout includes an entrance hall leading to both a lounge and living room, alongside a kitchen and bathroom on the ground floor. The first floor hosts three bedrooms along with an additional bathroom, while the expansive second floor features the main bedroom and extra storage spaces.
Externally, there is a rear yard that can be utilized for outdoor space. While the property requires comprehensive refurbishment, it provides a blank canvas for buyers looking to increase value through strategic updates.
Post-renovation, the estimated rental income could range from £1,200 to £1,500 per month, reflecting its attractive location. Both owner-occupiers and tenants will appreciate proximity to local amenities, transport links, and university campuses.
With substantial scope for reconfiguration and modernization, this property is certainly worth considering for anyone seeking a project with significant investment potential.
