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Broom Cottages, Ferryhill DL17 2 bed terraced house for sale
Broom Cottages, Ferryhill DL17
£50,000
Broom Cottages, Ferryhill DL17
£50,000
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 |
Price Change | -28.57% |
Description
This 2-bedroom terrace house in Durham offers a prime investment opportunity with a current tenant in place, generating an annual gross income of £5,400 and with the potential to increase to £6,000. The well-maintained property features two bedrooms, a three-piece bathroom, lounge, kitchen, and back area, making it an attractive option for investors seeking to expand their portfolio. The current tenants have consistently paid their rent and have no intention of relocating, providing a stable and reliable source of income. With a substantial opportunity for returns and a smooth transaction process facilitated by Let Property, this property presents a valuable investment opportunity for those looking to grow their portfolio.