2-bedroom terraced house · DL17 8AZ
Listing removedListed 207 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Overview 32 Bertha Street presents an excellent opportunity to acquire a hands off, income generating buy to let property in a popular rental location.
This well proportioned 2 bedroom end terrace comes with long term tenants already in situ, ensuring immediate rental income from day one of ownership.
The property offers a traditional layout, generous room sizes, and is situated within a stable rental market, making it an appealing choice for both new and seasoned investors seeking strong, reliable returns.
________________________________________ Key Features * 2 Bedroom End of Terrace Property * Tenanted Investment - Sold with tenants in situ * Current Monthly Rent: £449 PCM * Annual Rental Income: £5,388 * Attractive Guide Price: £60,000 * Strong local rental demand * Low maintenance, stable investment opportunity * Ideal for portfolio expansion or first time landlords ________________________________________ Financial Overview & Yields Using the current rental income and asking price, here is a breakdown of the investment performance: Rental Income * Monthly Rent: £449 * Annual Rent: £5,388 Gross Rental Yield: 9% This is a particularly strong yield compared to regional averages, making the property an appealing high return asset.
________________________________________ Why This is a Strong Investment 1. Immediate Income - No Void Periods With tenants already in place, you start earning from completion day.
No marketing, no reletting fees, no downtime. 2.
High Yield for the Area A gross yield of 9.0% makes this significantly more profitable than many standard buy to let properties, especially at this accessible price point. 3.
Affordable Entry Point At £60,000, the property offers: * Lower mortgage repayment requirements * Strong cash on cash returns * Less financial exposure compared to higher value markets 4.
Consistent Rental Demand Properties in this area typically sustain strong occupancy due to: * Local employment hubs * Good transport links * Demand for affordable housing This helps ensure a stable long term income stream.
5.
End Terrace Advantage End terrace homes often achieve higher desirability due to: * Additional privacy * Extra natural light * Typically larger outdoor or side return space ________________________________________ Summary 32 Bertha Street is a fully tenanted, income producing investment offering nearly 9% gross yield at an affordable price point.
It is ideal for investors seeking: * Immediate returns * Minimal upfront effort * A reliable, long term rental asset * Strong value in a stable rental market ________________________________________ LET PURE INVESTOR TAKE THE STRAIN AWAY ...
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* Fully managed lettings and property management service * Comprehensive coverage throughout England and Wales * One team, one fee across your full portfolio * Rental income protection available * Transfer your existing properties quickly and easily If you would like to find out more about our lettings and property management service, or discover how much we could save you each month, please contact our team on Tel:
Value & comps
No previous sales on record.
Returns
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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 advisors 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.
Area
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FAQ
About 32, Bertha Street, Ferryhill, County Durham, DL17
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