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See how verdicts work3-bedroom house · DL17 9DQ
For saleReduced £5k (−5.9%) on 16 SepListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
High-Yield Investment Opportunity – 3-Bedroom End-Terrace Positioned next to Mainsforth Cricket Field, this spacious three-bedroom end-terrace property presents an excellent opportunity for landlords and property investors looking for a ready-to-go investment with a tenant already in situ.
The property is currently let at £550 per calendar month, providing the new owner with an immediate rental income from day one.
At the asking price of £85,000, this equates to an attractive 7.76% gross rental yield, with further scope for rental growth in the future towards full market value.
The property offers spacious three-bedroom accommodation and provides a practical and appealing home for long-term tenants, making it a strong addition to an existing portfolio or an ideal investment for a first-time landlord.
The garage and grassed area located to the rear, across the road from the property, are not included in the freehold These are currently rented at a cost of £40 per year Importantly, the property is fully compliant, with no immediate compliance expenditure required for the incoming landlord.
The EPC is rated C and is valid until November 2035, while the eicr has five years remaining. The CP12 Gas Safety Certificate was completed on 16 June 2026.
With an established tenancy, immediate rental income, an attractive gross yield and all key safety certification up to date, this is a straightforward investment opportunity requiring no immediate compliance spend.
For further information or to arrange a viewing, please contact us today.
Vestibule 3'4" × 4'4" - 1.04m × 1.33m Hallway 3'4" × 12'1" - 1.03m × 3.69m Lounge 14'0" × 13'1" - 4.29m × 4.00m Dining Room 14'2" × 15'7" - 4.33m × 4.77m Kitchen 6'0" × 13'10" - 1.83m × 4.23m Landing 3'1" × 15'9" - 0.95m × 4.82m Bedroom 1 8'8" × 16'7" - 2.65m × 5.07m Bedroom 2 9'11" × 12'3" - 3.03m × 3.76m Bedroom 3 7'10" × 13'1" - 2.41m × 4.01m Bathroom 5'11" × 7'10" - 1.82m × 2.40m
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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About 21 Morrison Terrace, Ferryhill
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