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
£80,000

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
05/04/25 £75,000
11/04/25 £82,000
18/04/25 £80,000
24/04/25 £78,000
15/05/25 £81,000
19/06/25 £80,000
Price Change -30.43%

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 a market rate of £7,560 with long-term tenants already in place. The tenants have been in the property for several years and have consistently paid their rent, with no intention of moving out. With a competitive purchase price, this property has the potential to be a worthwhile addition to an investor's portfolio, offering a strong return on investment.