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Two-bedroom terraced property with sitting tenant

Ferryhill, DL17 - Get Access

2 bed 1 bath

Description

This terraced property is located on Bessemer Street in Ferryhill, County Durham. The accommodation comprises a two-bedroom terraced home forming part of the established local housing stock within this popular County Durham town. The property is offered for sale with a sitting tenant currently paying £475 per calendar month, providing an established rental income and an ideal investment opportunity for prospective purchasers. The location provides access to the surrounding area's amenities, services, and transport links, making it suitable for investors seeking to add to an existing portfolio or buyers looking for a property within the Ferryhill area. The property is offered for sale by unconditional auction. Interested parties are encouraged to review all available documentation and satisfy themselves as to the property's condition, tenancy arrangements, and legal position prior to bidding.
Comparable sales
62, Bessemer Street, DL17 8NJ 0.0 mi
House • Mid-Terrace 3 rooms EPC C (2022)
732 sq ft
£61,919
3 months ago
24, Stephenson Street, DL17 8PG 0.0 mi
House • End-Terrace 4 rooms EPC C (2017)
1,152 sq ft
£39,999
1 year ago
15, Hackworth Street, DL17 8NQ 0.0 mi
House • Mid-Terrace 4 rooms EPC D (2018)
947 sq ft
£39,999
1 year ago
Estimated market value
£
Range: £ — £
High confidence Floor Area: 732 sq ft (EPC)

This two-bedroom terraced home in Ferryhill was valued by examining direct sales evidence from the same street and surrounding residential pockets. The property presents clean interior condition with some dated kitchen and bathroom fittings, balanced against an established tenancy generating rental income. Floor area is derived from EPC records at approximately 732 sq ft.

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