Marshall Terrace

Gilesgate, Durham, DH1

Tenure: Freehold

We are delighted to bring to market this buy-to-let opportunity consisting of a three-bedroom semi detached home and one bedroom annexe both of which are currently tenanted until end of June 2025. Both properties are achieving a joint rental income of £29,080.00 per annum inclusive of utilities. There are lets in place for both properties for the 25/26 academic year also with a combined rental income of £29,080.00 per annum inclusive of bills.

The three bedroom property is currently fetching £17,680.00 per annum inclusive of utilities. **The property does not benefit from article 4 and therefore is currently let to two tenants.**

The annexe is currently achieving £11,400.00 per annum inclusive of utilities.

This investment opportunity is a fantastic option for investors looking to add to their existing portfolio or those aiming to enter the property market. The floorplan of the three bedroom semi detached property includes a porch, entrance hallway, living room and open plan kitchen & dining room. To the first floor lie two double bedrooms, bathroom and an office / study room. The one bedroom annexe has a floorplan comprising an open plan kitchen and living room, single double bedroom and ensuite.

The properties are to be sold with all current furniture, fixtures and fittings present.

To the exterior lies a gated front garden with a stone paved walkway providing access to both the annexe and private rear garden.

Both properties occupy a fantastic location being positioned near an abundance of local amenities including shops, pubs / restaurants and leisure facilities. This home is perfectly positioned with easy and convenient access routes into Durham City, which itself plays host to an abundance of shopping and recreational facilities.

Entrance Hallway
Accessed via the porch, the entrance hall provides access to the living room, open plan dining room and kitchen as well as access to the first floor. Present is a double wall mounted radiator, double glazed side aspect window, integrated cupboard under the staircase with carpets to floors throughout.

Three Bedroom Semi

Living Room 3.53m x 4.09m
The living room is located to the front of the property on the ground floor comprising of carpets to floors throughout, large front facing bay window overlooking the front garden and one single wall mounted radiator.

Kitchen & Dining Room 3.12 x 4.67m
Positioned to the rear of the property on the ground floor this sleek modern kitchen comprises of wall and base units, laminated worktops, integrated oven and induction hob and a stainless-steel sink. Present also an integrated fridge freezer, chimney hood extractor fan, side aspect double glazed window with wood effect flooring to floors and tiles above worktops.

Bathroom 2.64m x 2.87m
The bathroom is located at the rear of the home to the first floor comprising a w/c, pedestal wash hand basin, panel bath with shower head and hose, shower screen and a heated towel rail. Present also are two frosted double-glazed windows with tiles to walls and wood effect flooring throughout.

Bedroom One 3.17m x 3.78m
Positioned to the first floor at the rear of the home, this double bedroom comprises a rear facing double glazed window and a single wall mounted radiator with carpets to floors throughout.

Bedroom Two 3.88m x 3.75m
The second bedroom lies to the first floor to the front of the property and is present with a front facing double glazed window, a single wall mounted radiator as well as carpets to floors throughout.

Office / Study Room 2.23m x 2.89m
This room is found to the first floor at the front of the property comprising carpets to floors throughout, front facing double glazed window, a wall mounted radiator and an integrated storage cupboard.

The Annexe

Lounge 3.34m x 4.86m
The lounge is accessed via the front door comprising of carpets and wood effect flooring to floors, a wall mounted radiator and a rear facing double glazed window.

Kitchen 1.89m x 1.51m
This open plan kitchen is present with wall and base units, integrated oven and microwave, laminated worktops, induction hob, stainless steel sink with a double bowl, integrated fridge with tiles to worktops. Wood effect flooring throughout.

Bedroom 2.82m x 3.34m
Located at the rear of the property this double bedroom comprises a single wall mounted radiator, rear facing double glazed window with carpets to floors throughout.

Ensuite
Located off of the bedroom this bathroom is made up of a w/c, pedestal wash hand basin, quadrant shower cubicle with sliding door and shower head and hose, wall mounted towel rail, wall mounted shelf and mirror with vinyl to floors. Tiles to walls throughout.

Council Tax Band - C

Services - Mains water, gas and electricity are available to the property but none of these, nor any of the appliances attached thereto, have been tested by Nicholas Humphreys, who gives no warranties as to their condition or working order. Telephone subject to suppliers regulations.

Free Valuations - If you have a property to sell please contact us to arrange your free valuation.

Local Authority - Durham County Council, Durham, County Durham, DH1 4SG

Fixtures, Fittings & Appliances - The mention of any fixtures, fittings and/or appliances does not imply they are in full efficient working order.

Internal Photographs - Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale.

Measurements - Every care has been taken to reflect the true dimensions of this property but they should be treated as approximate and for general guidance only.

Money Laundering - Where an offer is successfully put forward we are obliged by law to ask the prospective purchaser for confirmation of their identity. This will include production of their passport or driving license and a recent utility bill to prove residence. This evidence will be required prior to solicitors being instructed.

General Note - These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on these Particulars of Sale as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this agent's employment has the authority to make or give any representation or warranty in respect of the property.

Hours Of Business - Our office is open Monday to Friday 9am till 5pm.

EPC rating: C. Council tax band: C, Tenure: Freehold,