3 bedroom terraced house for sale

Property number 52688. Enquire through OnTheMarket's messaging system and we'll respond within 5 minutes, 24/7

Key Investment Highlights

Fixed Price: £39,999

Gross Yield: 16% (Rent £525 pcm)

Tenanted Investment – Immediate Income Stream

Freehold

Estimated Market Value: £58,000 (online valuation estimate)

Three Bedrooms & Three Bathrooms

This mid-terrace property in Ferryhill offers a strong income-producing investment with a sitting tenant, full compliance documentation, and a competitive entry price.

Property Overview

Located at 37 Brunel Street, Ferryhill, Durham, DL17 8NX, this three-bedroom, three-bathroom mid-terrace home presents an attractive buy-to-let opportunity. The property benefits from gas central heating, Council Tax Band A, and freehold tenure.

The home is currently tenanted, providing immediate rental income from day one. AMRP Relocations currently manage the property and can continue management for a new owner if required.

Accommodation & Layout

The property offers:

Three bedrooms

Three bathrooms

Mid-terrace layout

Gas central heating

Freehold tenure

A video inspection is available via the following link:

Tenancy & Financial Details

Current Rent: £525 per calendar month

Management Fee: £75.60 (12% + VAT)

Net Rent After Management: £449.40 per month

Tenant Status: Tenanted

Sourcing Fee Payable: £2,500 (AMRP Buy To Let Advisory Services Limited)

Stamp Duty: NIL (subject to current regulations)

Compliance Certificates

All compliance is in place:

Gas Safety Certificate Expiry: 03/04/2026

EICR Expiry: 24/02/2026

EPC Rating: Current D-68, Potential B-85

EPC Expiry: 21/06/2032

Selective Licence Required: Yes – current licence held by AMRP

Council Fee: £550

Admin Fee for Application: £240 (incl. VAT)

If the new owner chooses to retain AMRP’s management services, the existing Selective Licence can be updated for the new landlord. If opting for alternative management or self-management, a new licence application will be required.

Location Overview

Ferryhill is a popular rental area with strong demand for affordable housing. The property is situated close to local amenities, schools, transport links and employment hubs, making it a stable option for long-term rental income.

Additional Information

A full inspection video is available, and further documentation can be provided upon request.