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
£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.