Broom Cottages, Ferryhill DL17 2 bed terraced house for sale

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Broom Cottages, Ferryhill DL17 2 bed terraced house for sale

Broom Cottages, Ferryhill DL17
£44,000

Price History

Initial price £70,000
04/06/25 £65,000
23/07/25 £60,000
28/08/25 £59,000
09/09/25 £57,000
24/09/25 £55,000
14/10/25 £50,000
29/10/25 £47,000
11/11/25 £44,000
Price Change -37.14%

Description

This 2-bedroom terrace house in Durham presents a prime investment opportunity, with a current tenant and valuable amenities nearby. The well-maintained property features two bedrooms, a three-piece bathroom, a spacious lounge, a fully-equipped kitchen, and a back area. The property currently generates an annual gross income of £5,400, with the potential to increase to £6,000 with the current tenants in place. With a substantial opportunity for investors seeking to expand their portfolio, this property offers a rewarding rental return. The current tenants have consistently paid their rent and have no intention of relocating, making for a smooth transaction process.