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
£47,000

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
Price Change -32.86%

Description

This 2-bedroom terrace house in Durham offers a prime investment opportunity, with a current tenant and valuable amenities nearby. The well-maintained property features two bedrooms, a three-piece bathroom, lounge, fully-equipped kitchen, and back area. The property currently generates an annual gross income of £5,400, with potential to increase to £6,000 with the current tenants in place, making it a substantial opportunity for investors. The tenants have consistently paid their rent and have no intention of relocating, providing a stable income stream. The property's investment potential is detailed in the attached Let Property Pack, and interested buyers can contact the agent for further information.