2 bed house for sale Red Hills Terrace, Durham City, Durham, DH1

2 beds 1 bath Mid Terrace House

Freehold

Added on 16/09/2026

About this property

Reeds Rains exclusively invite you to discover this centrally located two bedroom terraced house for sale in Durham City. The property would make a fantastic investment as let for 26/27 academic year at £1300pcm. The ground floor comprises a hall, kitchen/living area and access into the basement, while on the first floor there are two bedrooms and a bathroom.

Key features

Well Presented
£1300pcm
Investment Opportunity
DH1 Location

Floorplan

Location

Red Hills Terrace, Durham City, Durham, DH1

Open map Street View

Council tax band: B

Mortgage and stamp duty

Property price £220,000

£110k £330k

Deposit10% £22,000

£0 £220k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £198,000 mortgage. Most lenders would want a household income of about £44,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.