Albert Street, DH6 is a two-bedroom end-terraced property, ideal for both investors and homebuyers alike, offering a fantastic opportunity.
Ideal Investment or First-Time Purchase:
This two-bedroom end-terraced property presents a fantastic opportunity for both homebuyers and investors alike. With an estimated rental income of £450 PCM, the property offers the potential to achieve a strong yield of approximately 8%, making it an attractive addition to any portfolio or a great first step onto the property ladder.
Well-Connected Location:
Positioned in a convenient location, the property benefits from excellent transport links including easy access to the A690 and A1(M), allowing for straightforward travel to surrounding cities and towns. Durham City Centre is just a 17-minute drive away, Dalton Park Outlet is approximately 14 minutes away, and Durham Train Station can be reached within 19 minutes. The property is also within close proximity to local amenities, making it ideal for both owner-occupiers and tenants.
Separate Dining Room - Additional Reception Space:
A key selling point of the property is the separate dining room, offering valuable additional reception space. This versatile area can comfortably accommodate a dining set and provides flexibility for a range of uses, such as a home office, snug, or second living space, something not always found in similar properties.
Upon entering the property, you are welcomed into a bright and carpeted living room, featuring a large front-facing window, a bold feature wall, and a built-in fireplace which acts as a focal point to the room.
An archway leads through to the separate dining room, before continuing into the galley kitchen, which is fitted with wooden cabinetry and black worktops. The kitchen benefits from both upper and lower storage units, a built-in wine rack, and integrated oven, hob, and extractor fan, with access leading out to the private rear yard.
The ground floor bathroom is fully tiled and fitted with a bath and detachable shower head.
Upstairs, the property comprises two bedrooms, including a spacious double with a feature wall and a well-proportioned single, both finished with carpeting.
Externally, the property offers on-street parking to the front and a private, enclosed rear yard, ideal for low-maintenance outdoor space.
The property is situated within a popular residential area, with a range of local shops, schools, and everyday amenities nearby. Its strong transport links and proximity to key destinations such as Durham City Centre and Dalton Park make it a convenient and desirable location for a wide range of buyers and tenants.
Council Tax Band: A (Durham County Council) Tenure: Freehold Garden details: Private Garden Electricity supply: Mains Heating: Gas Mains Water supply: Mains Sewerage: Mains
Based on a sale price of £69,950 the total amount of stamp duty payable will be:
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Last updated: The calculator has been updated to reflect changes in stamp duty following the Autumn Budget on 30th October 2024 for April 1st 2025 onwards.