Cockton Hill Road

Property Description:

An outstanding investment opportunity, this recently renovated 6-bedroom House in Multiple Occupation (HMO) at 22 Cockton Hill Road, Durham DL14 6AH is ready to generate high rental yields (13.2%). The projected gross monthly income is of £2,700. These are conservative figures, the gross monthly income could potentially be more. Perfectly positioned for both professionals and students, this property is fully compliant with HMO regulations and comes with a valid HMO licence in place.

The property has been meticulously renovated to a very high standard, offering spacious and modern living spaces throughout. It boasts 6 generously sized bedrooms, a spacious bathroom, a separate shower, and an additional WC for maximum convenience. The fully fitted kitchen and large communal areas make this property ideal for shared living.

The property also offers the added benefit of a private garage with 2 large storage units, ideal for tenants needing extra space. With private entrances both at the front and back, tenants have easy access to the property, ensuring privacy and security.

Located on the main road with excellent transport links, the property is just 2 minutes from the train station and 4 minutes from a local primary school. It is within walking distance to a number of local amenities, including Bishop Auckland General Hospital, the Bishop Auckland GP Surgery, convenience stores, petrol stations, and a post office directly opposite the house. There is also a park and church right next to the property, offering additional local amenities and green space.

Key Features:

• 6 spacious bedrooms, ideal for shared living
• Recently renovated to a high standard
• 1 spacious bathroom, 1 shower room, and 1 WC
• Private garage with 2 large storage units
• Fully compliant and licensed HMO
• Fire doors installed for added safety
• Private front and back entrances
• 2 minutes to the train station, 4 minutes to the primary school
• Close to Bishop Auckland General Hospital, GP surgery, and other local amenities
• Post office directly opposite, and close to convenience stores
• Ideal location for professionals, hospital staff, or students

This property is ready to let and offers a fantastic opportunity to secure a high-yield HMO in a highly desirable and well-connected location. Don’t miss out – contact us today for more information or to arrange a viewing!