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
£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.