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See how verdicts work3-bedroom terraced house · DL17 8AW
Sold STCListed 237 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Robinsons are pleased to bring to the market this spacious three bedroom mid-terraced house, offered as a fantastic investment opportunity and sold with a long-term sitting tenant who has occupied the property for almost fifteen years.
The tenant currently pays £475pcm, generating an attractive 10.36% yield at full asking price.
The home is situated on a popular street approximately half a mile from Ferryhill Town Centre, where a range of shops and leisure facilities can be found.
Excellent transport links via the A1 and A19 provide convenient access across the North East.
The property benefits from UPVC double glazing and gas central heating, and briefly comprises: entrance vestibule, hallway, a spacious lounge with feature fire and surround, archway to the dining room, and a large fitted kitchen.
To the first floor there are three well-proportioned bedrooms and a family bathroom.
Externally, the front elevation features an easy-to-maintain forecourt, while the rear offers an enclosed yard with access across the back lane to a garage and garden.
EPC Rating D Council Tax band A Hallway - Wood effect flooring, radiator, stairs to first floor Lounge - 3.38m x 2.97m + bay (11'1 x 9'9 + bay ) - Upvc bay window, radiator, feature fire and surround.
Dining Room - 6.15m x 2.67m (20'2 x 8'9 ) - Upvc window, radiator, storage cupboard.
Kitchen - 6.15m x 2.67m max points (20'2 x 8'9 max points ) - Wall and base units, integrated oven, hob, extractor fan, dishwasher, fridge/freezer, plumbed for washing machine, stainless steel sink with mixer tap and drainer, Upvc windows, breakfast bar, radiator, tiled splash backs, access to rear.
Landing - Loft access, storage cupboard. Bedroom One - 4.01m x 2.77m (13'2 x 9'1) - Upvc window, radiator Bedroom Two - 2.82m x 2.64m (9'3 x 8'8 ) - Upvc window, radiator.
Bedroom Three - 3.05m x 1.68m (10'0 x 5'6 ) - Upvc window, radiator Bathroom - panelled bath, separate shower cubicle, wash hand basin, w/c, extractor fan, chrome towel radiator.
Externally - To the front elevation, is a easy to maintain forecourt, while to the rear is an enclosed yard which gives access across the back lane to a garage and garden, Agents Notes - Council Tax: Durham County Council, Band A Tenure: Freehold Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements are for guidance only Electricity supply – Mains Water Supply – Mains Sewerage – Mains Heating – Gas Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Building Safety – The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm.
Restrictions – covenants which affect the property are within the Land Registry Title Register which is available for inspection.
Selective licencing area – yes Probate –NA Rights & Easements – None known Flood risk – refer to the Gov website - Coastal Erosion – refer to the Gov website - Protected Trees – None known Planning Permission – Nothing in the local area to affect this property that we are aware of.
Accessibility/Adaptations – stair access only, no lift Mining Area – Coal Mining Reporting Area, further searches may be required by your legal representative.
Disclaimer: Our details have been compiled in good faith using publicly available sources and information obtained from the vendor prior to marketing.
Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities before making any financial commitments.
Robinsons cannot accept liability for any information provided subsequent amendments or unintentional errors or omissions.
HMRC Compliance requires all estate agents to carry out identity checks on their customers, including buyers once their offer has been accepted.
These checks must be completed for each purchaser who will become a legal owner of the property. An administration fee of £30 (inc. VAT) per individual purchaser applies for carrying out these checks.
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.
Area
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FAQ
About Rutherford Terrace, Ferryhill
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