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See how verdicts work2-bedroom terraced house · DL17 8BA
Listing removedListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Robinsons are delighted to offer this superb mid-terrace property, perfectly suited as either an attractive investment opportunity or an ideal first-time buyer home.
Situated on Magdalene Place in the popular area of Ferryhill, the property features two generously proportioned bedrooms and a spacious open-plan lounge/dining room, providing versatile and comfortable living accommodation.
Finished to a high standard throughout, the home offers bright and inviting living space.
The well-presented kitchen and modern bathroom further enhance the property’s appeal, while UPVC double glazing and gas central heating ensure a warm and energy-efficient home all year round.
The property is conveniently located approximately half a mile from Ferryhill Marketplace, offering excellent access to a wide range of local amenities, including shops, schools, and transport links—making it ideal for both homeowners and tenants alike.
Internally, the property briefly comprises an entrance vestibule leading into a spacious open-plan lounge and dining area, perfect for relaxing or entertaining.
The contemporary kitchen is both practical and well equipped to meet everyday needs.
To the first floor, a landing provides access to two well-sized double bedrooms, both benefiting from ample natural light, along with a stylish and functional family bathroom.
Externally, the property benefits from an enclosed rear yard, providing a private outdoor space ideal for relaxation or outdoor use. EPC Rating - Council Tax Band - A Vestibule - Access to lounge.
Lounge / Dining Room - 7.06m x 4.29m max point (23'2 x 14'1 max point ) - Wood effect flooring, radiators, Upvc windows, electric fire, Stairs to first floor Kitchen - 4.32m x 1.93m (14'2 x 6'4 ) - Morden wall and base units, integrated oven, hob, extractor fan, fridge and freezer, washing machine, sink with mixer tap and drainer, radiator, access to rear.
Landing - Loft access, airing cupboard, wood effect flooring. Bedroom One - 3.53m x 3.25m + robes (11'7 x 10'8 + robes ) - Fitted wardrobes, radiator, Upvc window, storage cupboard.
Bedroom Two - 3.25m x 2.21m (10'8 x 7'3 ) - Upvc window, radiator.
Bathroom - Large white panelled bath, shower cubicle, wash hand basin, W/C, fully tiled, spot lights, Upvc window, chrome towel radiator. Externally - To the rear there is a enclosed yard.
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 Central Heating 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 Magdalene Place, Ferryhill,
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