3-bedroom house · DL17 8JT
Under offerReduced £7.5k (−15.8%) on 25 SepListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within easy reach of Ferryhill town centre and its range of local amenities, this well-proportioned three-bedroom mid-terrace property offers spacious accommodation throughout, making it an ideal purchase for first-time buyers, growing families, or investors.
The ground floor comprises a welcoming entrance hall leading to a spacious lounge, a separate dining room, and a fitted kitchen, providing versatile living and entertaining space.
To the first floor, the landing gives access to three well-sized bedrooms and a family bathroom.
Externally, the property benefits from an enclosed rear yard, offering a private, low-maintenance outdoor space.
Further benefits include gas central heating via a combi boiler and a convenient location close to shops, schools, and transport links.
Offering generous living space and excellent potential, this property presents a fantastic opportunity for those looking to step onto the property ladder or expand their investment portfolio.
Early viewing is highly recommended.
Ground Floor Accommodation Entrance Hall Lounge 3.81m x 3.66m - 12'6” x 12'0” Dining Room 4.88m x 3.68m - 16'0” x 12'1” Kitchen 3.64m x 2.21m - 11'11” x 7'3” First Floor Accommodation First Floor Landing Bedroom One 3.68m x 2.97m - 12'1” x 9'9” Bedroom Two 3m x 3m - 9'10” x 9'10” Bedroom Three 2.62m x 1.8m - 8'7” x 5'11” Bathroom Externally
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 40, Parker Terrace, Ferryhill
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