Log In/Sign up
Your email has been sent.
12 Silver St 2,516 sq ft 100% Let Retail Property Durham DH1 3RB £874,999 (£347.77/sq ft) 8.42% Net Initial Yield



Investment Highlights
- Prime corner retail & student freehold
- Grade II listed in Durham’s retail core
- £77,782 p.a. net income; pre-lets secured
Executive Summary
12 Silver Street comprises a prime mixed-use freehold investment in the heart of Durham’s pedestrianised retail core, positioned on one of the city’s busiest shopping streets between Market Place and Framwelgate Bridge. The property is Grade II listed and provides 1,952 sq ft across four floors, configured as a corner retail unit at ground level with a recently refurbished five-bedroom student flat above. The retail element is let to T4 on a lease to December 2032 at £30,000 per annum, while the upper floors are fully let to Durham University students on an AST producing £53,820 per annum for the 2025/26 academic year, with pre-lets already secured for 2026/27 and 2027/28. The investment generates a total net income of £77,782 per annum and benefits from Durham’s strong student demand, highly constrained city-centre supply and increasing visitor economy. Offering secure income from both retail and residential uses in a tightly held historic location, the asset provides a compelling opportunity in one of the UK’s most resilient university-driven markets.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,516 sq ft
Costar Property Class
B
Year Built
1950
Price
£874,999
Price per sq ft
£347.77
Yield
8.42%
NOI
£73,675
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Plot ratio
0.96
Total Plot Size
0.06 ac
Frontage
21 ft on Silver Street
Amenities
- Storage Space
- Air Conditioning
Nearby Major Retailers
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
12 Silver St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.

