Main image of 7 bedroom Mid Terrace House for sale, Ravensworth Terrace, Durham, DH1
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£700,000 Asking price

7 bedroom Mid Terrace House for sale,
Ravensworth Terrace, Durham, DH1

Durham City Branch Manager
Reeds Rains Estate Agents Durham City
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Features and Description

  • EPC Grade: C
  • Council Tax Band: G
  • Student Let rented out for over £55,000 pa
  • Virtual Tour
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  • 7 bedrooms
  • Potential investment yield of 8%

Fantastic opportunity to purchase a 7 bedrooms Student Property in Durham City. Centrally located, close to the University and the main city centre. Fully let for next academic year at £58,604 per annum (£161pw)expiry 6th July 2025, giving a gross yield of 8.37%. Call now to find out more.

EPC Grade: C

Council Tax Band G

Additional Information

UPRN 100110738104Floor Area 1,959 ft2/ 182 m2Plot Size 0.07 acresLocal Authority DurhamConservation AreaDurham CityCouncil Tax Band Band GFlood RiskCouncil Tax Estimate £4,052Year Built 1900-1929Rivers & Seas No RiskSurface Water Very Low

Agents Notes

HMRC is a supervisory body for money laundering regulations, of which all estate agents need to be registered with. As part of this, there are multiple requirements that agents must rigorously and consistently meet to ensure they stay compliant with the regulations and protect their clients. To do this, we use an identity verification service, approved by the Government as part of the Digital Identity and Attributes Trust Framework (DIATF). This method and the process we follow to ensure compliance for your transaction come with significant time, financial and legal implications hence a portion of this is passed on to our clients. We elected for this verification process due to the speed, certainty, and accuracy it delivers. This helps us to protect all our client's interests by using the most advanced verification process to help prevent the impacts of money laundering alongside our internal manual policies and procedures while staying compliant with HMRC.

IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

Ravensworth Terrace, Durham, DH1

Additional Information

  • Property ref
    DCI230453
  • EPC
    D
  • Tenure
    Freehold
  • Council Tax
    G
  • Local authority
    Durham County Council
Durham City Branch Manager
Reeds Rains Estate Agents Durham City

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Reeds Rains Estate Agents Durham City

Durham City Branch Manager
Reeds Rains Durham City
81- 83 New Elvet, Durham, DH1 3AQ
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
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Borrowing £630,000 and repaying over 25 years with a 2.5% interest rate.

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From 1 April 2025

This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.

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Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

67

Potential

80

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A