1 bedroom apartment for sale

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1 bedroom apartment for sale

Newton Street, Ferryhill, County Durham
£36,000

Price History

Initial price £45,000
09/08/25 £36,000
Price Change -20.00%

Description

This fantastic investment opportunity is a ground-floor apartment with vacant possession, currently tenanted and generating £280 PCM. The property has been separated from the original terraced property and offers a large lounge space, king-size master bedroom, modern fitted kitchen, and fully loaded bathroom. The first-floor apartment also features a generous lounge/kitchen/dining space, family bathroom, and large bedroom suite. Both apartments have a potential rental value of £385 PCM, resulting in a yield of 17%. The property is freehold and comes with a Council Tax band of A and an EPC rating of C. The sale will be completed through a modern method of auction, with the buyer and seller required to complete within 56 days.