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
£57,000

Price History

Initial price £70,000
04/06/25 £65,000
23/07/25 £60,000
28/08/25 £59,000
08/09/25 £57,000
Price Change -18.57%

Description

This 2-bedroom terrace house in Durham offers a prime investment opportunity, with a current tenant and valuable amenities nearby, promising rewarding rental returns. The well-maintained property features two bedrooms, a three-piece bathroom, spacious lounge, fully-equipped kitchen, and back area. The current annual gross income is £5,400, with potential to increase to £6,000 with the current tenants in place. With a substantial opportunity for investors seeking to expand their portfolio, the property presents a prime investment opportunity. The current tenants have consistently paid their rent and have no intention of relocating, making it a smooth transaction for the buyer.