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See how verdicts work3-bedroom house · DL17 8JT
Listing removedListed 201 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available for sale with no chain involved, viewing is essential to fully appreciate this larger than average terraced property with spacious accommodation, situated close to town centre amenities and with easy road and public transport links.
The impressive floor plan comprises of a large living room with bay window, modern open plan kitchen and dining room, useful utility room, two generous double bedrooms, further well proportioned bedroom and stylish bathroom/WC.
Externally there is an enclosed yard with gates for off street parking. The property comes with combi gas central heating, UPVC double glazing and recently laid carpets.
Previously rented at £600 pcm, this would be an ideal buy to let investment but would also suit first time buyers and growing families.
Ground Floor Living Room (5.51 x 5.29 (18'0" x 17'4")) Large reception room with a UPVC double glazed bay window to the front, a feature fireplace housing an electric fire, radiator, recessed spotlighting, open plan staircase to the first floor with understairs cupboard.
Kitchen And Dining Room (4.86 x 4.10 (15'11" x 13'5")) Superb kitchen and dining room which is fitted with a comprehensive range of units and contrasting work surfaces incorporating a breakfast bar, a stainless steel sink and drainer unit with mixer tap, a built in oven and hob with stainless steel extractor over, feature lighting, radiator and UPVC double glazed window to the rear.
Utility Room (3.52 x 2.10 (11'6" x 6'10")) Fitted with co-ordinating units and work surfaces incorporating a stainless steel sink and drainer unit with mixer tap, radiator, cupboard housing a conbi gas central heating boiler, a UPVC double glazed window to the side and UPVC external door to the rear yard.
First Floor Landing With access to the loft. Bedroom One (4.03 x 3.32 (13'2" x 10'10")) Generous double bedroom with a UPVC double glazed window to the rear and a radiator.
Bedroom Two (4.67 x 2.52 (15'3" x 8'3")) Spacious double bedroom with a UPVC double glazed window to the front and radiator.
Bedroom Three (3.34 x 1.90 to a max of 2.87 (10'11" x 6'2" to a m) Further well proportioned bedroom with a UPVC double glazed window to the front and a radiator.
Bathroom/Wc (2.86 x 2.02 (9'4" x 6'7")) Fitted with a modern suite comprising of a panelled bath, cubicle with mains fed shower, hand wash basin set to a vanity unit and WC.
Having a radiator and UPVC double glazed opaque window to the rear. External To the rear of the property is an enclosed yard with cold water tap and double gates for off street parking.
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
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FAQ
About 16, Parker Terrace, Ferryhill
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