2-bedroom terraced house · DL17 8JT
Sold STCListed 63 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Viewing is well recommended for this ideal starter home which is conveniently located close to the town centre.
The property has been much improved by the present owner to include gas central heating and double glazing, the entrance vestibule opens on to a lounge with bay window, dining room with patio doors and the attractive kitchen is well fitted with built in appliances.
On the first floor are two good bedrooms with fixed staircase leading to the loft space with Velux roof light. Available with no upward chain this comfortable home is not to be missed.
Ground Floor - Entrance Vestibule - With UPVC entrance door. Lounge - 3.63m x 3.63m (11'11 x 11'11) - Has Bay window and central heating radiator.
Dining Room - 4.72m x 3.58m (15'6 x 11'9) - Has understairs storage, French doors opening on to the rear courtyard, Built in Bar and central heating radiator.
Kitchen - 3.66m x 2.06m (12' x 6'9) - Has excellent range of built in wall and floor units, laminate worksurfaces and inset sink unit.
Integrated appliances including double oven, hob, dishwasher and fridge / freezer and concealed washing machine.
First Floor - Landing - Bedroom 1 - 3.71m x 3.66m (12'2 x 12) - Has Central heating radiator and fixed staircase access to: Loft Space - 4.52m x 4.29m (14'10 x 14'1) - with Velux roof light.
Bedroom 2 - 3.66m x 2.82m (12' x 9'3) - Has central heating radiator Bathroom Wc - Has Modern white suite comprising shower bath with mains shower, glass screen, wash basin, WC and heated chrome towel radiator.
Outside - Forecourt and enclosed rear yard with storage area Disclaimer - N.B. WE HAVE NOT TESTED ANY APPLIANCES OR SYSTEMS AT THE PROPERTY. IF IN DOUBT, PURCHASERS SHOULD SEEK PROFESSIONAL ADVICE.
THE MEASUREMENTS PROVIDED WITHIN THE DETAILS ARE FOR GUIDANCE PURPOSES ONLY. IF MORE ACCURATE MEASURMENTS ARE NEEDED, THEN THE PURCHASERS SHOULD TAKE SUCH MEASUREMENTS THEMSELVES.
THESE DETAILS INCLUDING PHOTOGRAPHY WERE PREPARED BY PETER CLARK PROPERTY SERVICES IN ACCORDANCE WITH THE SELLERS INSTRUCTIONS.
THE ACCURACY OF THESE PARTICULARS CANNOT BE GUARANTEED AND ANY PURCHASERS SHOULD SATISFY THEMSELVES BY INSPECTING OR OTHERWISE TO THE CORRECTNESS OF STATEMENTS CONTAINED IN THESE PARTICULARS.
THESE PARTICULARS DO NOT CONSTITUTE ANY PART OF AN OFFER OR CONTRACT.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Parker Terrace, Ferryhill
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