2-bedroom terraced house · DL17 8AJ
Sold STCListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to offer to the market this two bedroom mid-terraced property in this popular area of Ferryhill.
The property is well presented and benefits from gas central heating, double glazing, comfortable lounge with bay window, through dining room, fitted kitchen, modern white bathroom suite, two good size bedrooms both with fitted wardrobes and enclosed rear courtyard.
outside is a nearby detached garage subject to ground rent payable annually to the local authority. Available with no onward chain. we would recommend an early inspection.
Ground Floor - Entrance Hall - Has UPVC entrance door and staircase leading to the first floor.
Lounge - 3.35m x 3.15m (11'0 x 10'4) - Has bay window, coved ceiling, central heating radiator and feature fire surround with living flame electric fire.
Dining Room - 4.65m x 3.43m (15'3 x 11'3) - Has coved ceiling, central heating radiator and stone built fireplace with living flame electric fire.
Kitchen - 2.08m x 2.67m (6'10 x 8'9) - Has a range of fitted wall and base units, laminate work surfaces, tiled splashbacks, inset stainless steel sink unit with mixer tap, glass display units, built in electric oven with gas hob, plumbing for automatic washing machine and tumble dryer, coved ceiling, central heating radiator and UPVC entrance door.
First Floor - Bedroom 1 - 2.95m x 3.15m (9'8 x 10'4) - Has coved ceiling, central heating radiator, built in wardrobes and storage cupboard.
Bedroom 2 - 3.43m x 2.44m (11'3 x 8'0) - Has coved ceiling, central heating radiator and fitted wardrobes housing combination gas boiler.
Bathroom Wc - Has white suite comprising: panel bath with mixer tap and electric shower over , WC, handwash basin, part tiled walls and central heating radiator.
Exterior - Has small forecourt to the front of the property and enclosed rear courtyard.
Across the back lane is a single garage subject to an annual ground rent payable to the local authority 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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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 Bede Terrace, Ferryhill
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