3-bedroom terraced house · DL17 8JT
For saleListed 226 days
Opportunity summary
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About
Located on the main street just moments from the lively town square, residents will enjoy a vibrant community atmosphere with a wide selection of shops, traditional pubs, cafes, and essential amenities all within easy walking distance.
This well-proportioned property presents an excellent investment opportunity, currently tenanted and generating a steady rental income of £450 pcm.
The accommodation is thoughtfully arranged over two floors and briefly comprises: a welcoming entrance hall leading into a spacious lounge, a separate dining room perfect for family meals or entertaining guests, a fitted kitchen equipped with ample storage and work surfaces, plus a handy utility space providing additional functionality.
Upstairs, the first floor features three generously sized bedrooms, each benefiting from natural light and comfortable heating, alongside a family bathroom fitted with a white suite.
Externally, the property boasts an enclosed rear courtyard with secure gated access, offering a private outdoor space ideal for relaxing or dining al fresco.
ENTRANCE HALL The entrance hall is accessed via a UPVC framed double glazed door and features stairs leading to the first floor, complemented by a radiator providing warmth.
LOUNGE The lounge boasts a UPVC framed double glazed bay window that fills the room with natural light.
It features a charming fireplace with an inset and hearth, creating a cosy focal point, and is equipped with a radiator for added comfort.
DINING ROOM The dining room features a UPVC framed double glazed window, allowing plenty of natural light to brighten the space.
It includes a radiator for warmth and an under-stair storage cupboard, providing practical storage solutions.
KITCHEN The kitchen is fitted with a range of base and wall units, complemented by laminate work surfaces.
It features an inset sink with drainer and mixer tap, plumbing for an automatic washing machine, and space for a cooker.
A UPVC framed double glazed window provides natural light, while a door offers direct access to the rear courtyard.
UTILITY SPACE The utility area offers convenient space for a fridge freezer and includes a UPVC framed double glazed window, providing additional natural light.
FIRST FLOOR LANDING The spacious landing includes a dedicated area thoughtfully utilised as hanging space, adding practical storage convenience.
BEDROOM ONE Bedroom one is a comfortable double room featuring a UPVC framed double glazed window that allows plenty of natural light, and it is fitted with a radiator for warmth.
BEDROOM TWO Bedroom two is also a good-sized double room, benefiting from a UPVC framed double glazed window and a radiator, providing a bright and cosy space.
BEDROOM THREE Bedroom three is a comfortable single room featuring a UPVC framed double glazed window and a radiator, perfect for use as a bedroom, study, or home office.
FAMILY BATHROOM The family bathroom features a fitted white suite comprising a panel bath, wash hand basin, and WC. The walls are tiled for easy maintenance, and there is a radiator for added comfort.
A UPVC framed double glazed window provides natural light and ventilation.
EXTERNALLY Externally, to the front of the property, there are steps leading up to a forecourt area, offering a welcoming entrance.
To the rear, there is an enclosed courtyard with gated access, providing a private outdoor space ideal for seating or storage.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Parker Terrace, Ferryhill, County Durham
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