3-bedroom terraced house · DL17 8LZ
Sold STCListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attention First-Time Buyers & Investors! Robinsons are delighted to bring to the market this spacious and well-presented three-bedroom mid-terraced home, available with no onward chain.
Larger than average and offering generous living accommodation throughout, this property is an excellent opportunity for first-time buyers looking to step onto the property ladder, or investors seeking a ready-to-let addition to their portfolio.
The property benefits from a modern fitted kitchen and bathroom, three well-proportioned bedrooms, UPVC double glazing, gas central heating, and a well-maintained interior throughout.
Early viewing is highly recommended to fully appreciate the size, condition, and value on offer.
Conveniently situated close to a range of local amenities, shops, schools, and Ferryhill Market Place, the property enjoys a popular and accessible location.
Accommodation briefly comprises: Entrance hallway, spacious lounge, separate dining room, and a fitted kitchen to the ground floor.
To the first floor are three generously sized bedrooms and a family bathroom.
Externally, the property enjoys an enclosed rear yard with useful brick-built outbuildings, currently utilised as a wash house with power and plumbing facilities.
EPC Rating C Council Tax Band: A Hallway - Radiator, staircase to first floor Lounge - 3.84m x 3.66m (12'7 x 12'0) - Upvc bay window, radiator, electric fire and surround Dining Room - 3.89m x 3.84m (12'9 x 12'7) - Gas fire and surround, Upvc window, radiator, quality flooring Kitchen - 4.14m x 2.57m (13'7 x 8'5) - White wall and base units, integrated oven, hob, extractor fan, stainless steel sink with mixer tap and drainer, Upvc window, tiled flooring and splashbacks, radiator, storage cupboard, space for under counter fridge and freezer, access to rear Landing - Sky light, storage cupboard Bedroom One - 16'4 x 12'0 - Upvc windows, radiator Bedroom Two - 3.86m x 3.05m (12'8 x 10'0) - Upvc window, radiator Bedroom Three - 2.59m x 2.03m (8'6 x 6'8) - Upvc window, radiator and airing cupboard Bathroom - Panelled bath, wash hand basin, w/c, heated towel rail, upvc window, tiled splash backs and flooring Externally - To the front elevation is an easy to maintain block paved patio, whilst to the rear there is an easy to maintain yard and useful brick storage shed which has plumbing for washing machine and space for tumble dryer 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 £35 +vat (£42inc.
VAT) per individual purchaser applies for carrying out these checks.
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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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.
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