Brancepeth Road, Ferryhill DL17 3 bed end of terrace house for sale

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Brancepeth Road, Ferryhill DL17 3 bed end of terrace house for sale

Brancepeth Road, Ferryhill DL17
£77,000

Price History

Initial price £115,000
13/02/25 £85,000
05/03/25 £83,000
15/03/25 £81,000
21/03/25 £79,000
28/03/25 £77,000
Price Change -33.04%

Description

This 3-bedroom end-terrace house in Ferryhill is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, bathroom, and rear garden space. Currently, it produces an annual gross income of £6,600, which could be increased to £7,560 with long-term tenants already situated. The property has a reliable tenant who has been paying rent consistently for several years and has no intention of moving out. With a competitive purchase price, this property has the potential to generate rewarding rental returns and is a worthwhile addition to an investor's portfolio.