>
Brancepeth Road, Ferryhill DL17 3 bed end of terrace house for sale
Brancepeth Road, Ferryhill DL17
£80,000
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.