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Broom Cottages, Ferryhill DL17 2 bed terraced house for sale
Broom Cottages, Ferryhill DL17
£55,000
Broom Cottages, Ferryhill DL17
£55,000
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 |
Price Change | -21.43% |
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, spacious lounge, fully-equipped kitchen, and back area. The current annual gross income of £5,400 has the 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, committing to remain in the property. With a smooth transaction process guaranteed by Let Property, this investment presents a rewarding opportunity for those looking to expand their portfolio.