Commercial Road West, Coxhoe, Durham, DH6
Coxhoe · DH6
£225,000Asking price
£23,340 paPassing rent
10.37%Gross yield
£30,480 paPotential rent
13.55%Potential yield
FreeholdTenure
Overview
A freehold terraced house in Coxhoe, County Durham (DH6), arranged as four en-suite studio-style rooms, each with its own kitchenette, around a shared kitchen/diner with a utility and laundry room. Three of the four rooms are let, producing £23,340 per annum gross, a gross yield of approximately 10.37% on the asking price. The fourth room has recently become vacant and is being re-advertised at £595 a month; once let, the gross rent is £30,480 per annum, approximately 13.5%. The landlord pays all bills and the rents are all-inclusive.
Investment highlights
- Freehold house let as four separate en-suite rooms, each with its own kitchenette
- Three rooms let at £1,945 a month, £23,340 per annum gross (approximately 10.37%)
- Fourth room being re-let at £595 a month: all four let is £30,480 per annum, approximately 13.5% gross
- All-inclusive lets: landlord pays all bills, one monthly payment per tenant
- Refurbished in 2022; air-source heat pump heating; EPC D (62) with C (78) potential
- Shared kitchen/diner with a utility and laundry room
- Tenant demand reported from staff of a large distribution warehouse nearby (vendor)
The numbers
| Asking price | £225,000 |
|---|---|
| Gross rent (passing, 3 of 4 rooms let) | £23,340 per annum (£1,945 pcm) |
| Gross yield (passing) | Approximately 10.37% |
| Potential gross rent (all four let) | £30,480 per annum (£2,540 pcm), approximately 13.5% |
| Tenure | Freehold |
| Lettings | 4 × en-suite rooms with kitchenette |
Rent schedule
| Room 1 (en-suite) | £625 pcm |
|---|---|
| Room 2 (en-suite) | £625 pcm |
| Room 3 (en-suite) | Vacant, being re-advertised at £595 pcm |
| Room 4 (en-suite) | £695 pcm |
| Passing / all four let | £1,945 pcm (£23,340 pa) / £2,540 pcm (£30,480 pa) |
Rents as advised by the landlord, 12 October 2026. The landlord’s own photographs date from September 2022.
