Belle Vue Terrace, Gilesgate, Durham
£350,000

Guide price

Bedrooms: 8
An excellent opportunity to purchase this large semi detached property offering development potential to create four self-contained two bedroom apartments with an income of up to £50,000 per annum. With planning permission in place, early viewing is essential to avoid disappointment. Situated in the much sought after location of Gilesgate, which enjoys a wide range of local amenities and has excellent road and public transport links for commuting.

Each of the apartments have been designed to include their own private entrance, a spacious open kitchen and living area, two well proportioned bedrooms and bathroom/WC. Externally there is provision for allocated parking and a communal garden.

The property could also be considered for commercial use, subject to necessary permissions, as there is currently a large forecourt and office to the side of the building.

The planning application can be found via the Durham County Council Planning Portal, using reference DM/21/02241/FPA or by following this link - https://publicaccess.durham.gov.uk/online-applications/applicationDetails.do?keyVal=QV3XP4GDGR000&activeTab=summary

EPC RATING D TENURE - FREEHOLD COUNCIL TAX BAND - TBC

AGENTS NOTE

The property currently has two tenants in place for the next academic year, 8th July 2022 - 30th June 2023 at £117 pppw excluding utilities, in the existing layout.

01913 729797

Venture Properties - Durham

4 New Elvet, Durham

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