2 bedroom terraced house

TO BE SOLD BY ONLINE AUCTION ON 22ND JANUARY 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS.

13 Watt Street, Ferryhill, County Durham, DL17 8PJ

This tenanted two-bedroom mid-terrace property is located in Ferryhill, County Durham, a small town that combines a quiet urban setting with easy access to the surrounding countryside, offering the best of both worlds.

The current tenant reportedly pays £325 per month, while rental values in the area are estimated at approximately £500 per month. This makes the property an ideal turn-key investment with potential for future use as serviced accommodation, such as Airbnb.

The property, which has not been inspected by Edward Mellor, is reported to include a living room, kitchen/diner, one double bedroom, one single bedroom, and a family bathroom. Externally, it features a rear yard, and on-street parking is available.

Here are a handful of similar properties taken from Land Registry which have sold close by:

39 Faraday Street, Ferryhill, DL17 8PD Sold - 11/04/2024 £73,999 Terraced 2 beds 0.13 mi

19 Rennie Street, Ferryhill, DL17 8NG Sold - 16/11/2023 £71,999 Terraced 2 beds 0.11 mi

62 Rennie Street, Ferryhill, DL17 8NG Sold - 16/11/2023 £71,999 Terraced 2 beds 0.11 mi

Ferryhill is a town in County Durham with a range of local amenities, schools, and transport links to nearby cities. The surrounding area includes countryside suitable for outdoor activities, making it a practical location for families and investors.

Tenure: Freehold

EPC rating: C

Sold as seen.