2-bedroom semi-detached house · DL17 0AJ
Listing removedListed 68 daysModern Method of Auction 2 Sep · ended
Opportunity summary
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About
Two Bedroom End-Terraced Property with Additional Garden – For Sale by Modern Method of Auction An opportunity to acquire a two-bedroom end-terraced property requiring refurbishment and modernisation, offered for sale together with an adjoining garden area held under a separate freehold title.
The ground floor comprises a living room, kitchen and useful attached storage area, while to the first floor are two bedrooms and a bathroom.
The property would benefit from a programme of general updating and improvement and offers an attractive opportunity for investors, landlords or buyers looking for a refurbishment project.
Externally, the property benefits from an adjoining garden area which is included within the sale. The garden is registered under a separate freehold title and will be sold together with No.
4 as one transaction.
Key Features Two-bedroom end-terraced property Additional adjoining garden included within the sale Garden held under a separate freehold title Attached storage area / within the additional title Vacant possession Requires refurbishment and modernisation Ideal investment or refurbishment opportunity For Sale by Modern Method of Auction Auction Information Auction End Date: 2nd September 2026 The property is being sold by the Modern Method of Auction , with the successful purchaser required to complete the transaction within 56 days , in accordance with the auction terms and conditions.
Prospective purchasers should review the auction legal pack for full details of the property and additional land prior to bidding.
Viewing is recommended to appreciate the property, garden and overall opportunity on offer.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About Mills Buildings, Ferryhill, DL17
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